International production in developing economies, changes in key factors for management

H.J. Steenhuis, E.J. de Bruijn

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademic

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Abstract

Many manufacturing companies have become involved in international production. The primary reasons for moving manufacturing offshore are access to low labor cost, access to markets and/or access to skilled labor. However, many companies fail when operating in international markets. Historically Western companies have been faced with challenges when operating in international situations, in some instances leading to huge losses. This indicates that operating in international markets, and in particular in developing countries, is a challenging task. Few models exist that can aid the management of overseas, in particular developing countries', operations. In This work, based upon ongoing research since 1971, we present a model that is aimed at helping managers in these situations. The model distinguishes factors that can be different in international markets, and combines these with their effect on different manufacturing cost categories. The model facilitates managers in their assessment of international cost differences and, eventually, with preventing costly mistakes.
Original languageUndefined
Title of host publicationInnovation and Entrepreneurship for Sustainable Development. Proceedings of the 2004 IEEE International Engineering Management Conference - EM 2004, 18-21 October 2004, Singapore
EditorsM. Xie, T.S. Durrani, H.K. Tang
PublisherIEEE
Pages551-555
Number of pages5
ISBN (Print)0-7803-8519-5
DOIs
Publication statusPublished - 2004
EventIEEE International Engineering Management Conference, IEMC 2004 - Singapore, Thailand
Duration: 18 Oct 200421 Oct 2004

Publication series

Name
PublisherIEEE
Volume2

Conference

ConferenceIEEE International Engineering Management Conference, IEMC 2004
Abbreviated titleIEMC
CountryThailand
CitySingapore
Period18/10/0421/10/04
Other21-21 Oct. 2004

Keywords

  • METIS-223892
  • IR-73588

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