CUED Publications database

The make or buy decision in the context of manufacturing strategy development

Probert, DR and Jones, SW and Gregory, MJ (1993) The make or buy decision in the context of manufacturing strategy development. Proceedings of the Institution of Mechanical Engineers, Part B: Journal of Engineering Manufacture, 207. pp. 241-250. ISSN 0954-4054

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This paper describes an approach to structuring the make or buy decision process, basing it firmly in the context of an overall manufacturing strategy. The work has been carried out jointly by the University of Cambridge Manufacturing Engineering Group and Lucas Industries. A review of the current state of ideas surrounding the linked issues of vertical integration and make or buy decisions is presented. Important features of the approach include identification of core manufacturing capabilities, assessment of the role of technology in manufacturing, the development of a cost model to support make or buy decisions and a review of the strategic implications of varying degrees of vertical integration. Further, the approach has been embodied in a practical methodology that has been applied within Lucas Aerospace. A brief review of this practical application is included. © 1993, Institution of Mechanical Engineers. All rights reserved.

Item Type: Article
Divisions: Div E > Strategy and Policy
Depositing User: Cron Job
Date Deposited: 17 Jul 2017 19:53
Last Modified: 16 Aug 2018 02:07