Discuss how a product's life-cycle can impact the buy/make aspect of the supply chain. Are there different times/phrases in a product life-cycle when it would make sense to change from a buy/make aspect to an outsourced aspect?
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Question
Discuss how a product's life-cycle can impact the buy/make aspect of the supply chain. Are there different times/phrases in a product life-cycle when it would make sense to change from a buy/make aspect to an outsourced aspect?
Summary
The question belongs to Economics and it is about a product’s life cycle influencing the buy/ make decision of a firm with respect to the time/ phases of the product within the life cycle. The decision mostly depends upon the core competency of the firm.
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