Open Access Journal

ISSN : 2456-1304 (Online)

International Journal of Engineering Research in Electronics and Communication Engineering(IJERECE)

Monthly Journal for Electronics and Communication Engineering

Open Access Journal

International Journal of Science Engineering and Management (IJSEM)

Monthly Journal for Science Engineering and Management

ISSN : 2456-1304 (Online)

Strategic Decision-Making Mode for Make or Buy Decision

Author : Sujish Kumar M 1 Sujishna R 2 Sujitha M 3 Rizwan R. 4

Date of Publication :30th December 2022

Abstract: Purpose: The aim of this study is to analyses factors that are related to make or buy decisions. Within this research, a tool is created for make or buy decision-making which can be used as a help to evaluate outsourcing analytically. Design/ methodology/ approach: This research is case study research to develop a make or buy decision making tool via literature review. Findings: The finding of the study is a model for developing make or buy decisions. The model is based on the make or buy triggers, competitive factors, McIvor’s outsourcing framework, Tayles and Drury’s outsourcing decision model and balanced scorecard. Research limitations/ implications: This research is focused on making a decision-making model in the manufacturing industry supply chain. In the future, more empirical study is needed. Practical implications: The results can be utilized when developing make or buy and outsourcing decision-making in the supply chain. Originality/ value: The research results bring additional value to the previous studies regarding make or buy decision-making models.

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