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Determining the outsourcing matrix

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Reference no: EM133053216

Assume you were just hired to oversee the Procurement Department and must make all the procurement decisions. The company currently makes product A that is used as a raw material to produce one of your products. The Vice President of Operations steps into your office and asks you to outsource product A. "We can buy this product cheaper from the outside than making it here at home" he says. "Think about this for a while and let me know what you think during Monday's meeting". Use the "Outsourcing Matrix" provided in the course lecture to decide what your response would be on Monday. State your response.

Reference no: EM133053216

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