Impact of Outsourcing Material Availability Decision-Making
Keywords:
Outsourcing Material, Decision-Making, Self-Generation, Strategic Level, Wood, Cement, Hydrogen, Material Management, Cost Involved, Technology ResourcesAbstract
Productivity is influenced by material availability and input reliability, particularly in developing countries. Storage devices can be used to manage unreliable services for some resources, such as water. However, because electricity is prohibitively expensive to store, agents must respond in other ways. A common response to long-term power supply issues is to invest directly in technology to generate electricity on-site, also known as self-generation. Blackouts reduce productivity by crowding out other investment opportunities.
Outsourcing decision-making systems in writing present outsourcing as a one-time decision at a key level and functional level in general for scope quantification and booking. Existing structures and strategies do not cater for decision-making during phases of planning and designing, such as strategic level, and do not connect the attributes of planning and designing - deficient, insufficient, and moderate data accessibility. We will discuss the impact of outsourcing material availability decision-making in this paper.
