Question

In: Operations Management

Explain the six categories of foreign factories and how they impact operations management. Under what circumstances...

Explain the six categories of foreign factories and how they impact operations management. Under what circumstances would you develop a lead factory in a foreign country? Explain.

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Expert Solution

Offshoring is the structure, getting, or moving of procedure abilities from a domestic area to another nation area while keeping up proprietorship and control. As indicated by one structure, foreign factories can be arranged into one of six classes:

1. Offshoring factories built up to access low wages and different approaches to decrease costs, for example, keeping away from exchange duties. A seaward processing plant is the manner in which most worldwide firms start their endeavor into worldwide markets and worth chains

2.Outpost plants set up essentially to access nearby representative abilities and information. Such aptitudes and information may incorporate programming or call focus administration the executives.

3.Server production lines set up to flexibly explicit national or territorial markets.

4.Source industrial facilities, as offshoring factories set up to access minimal effort creation yet in addition have the ability to structure and produce a segment part for the organization's worldwide worth chain.

5.Contributor industrial facilities set up to serve a nearby market and lead exercises like item structure and customization. Essential assembling, bookkeeping, building plan, and promoting and deals forms regularly live at supporter processing plants.

6.Lead plants set up to enhance and make new procedures, items, and advances. Lead processing plants must have what it takes and information to structure and producer "the up and coming age of items."

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