MakeorBuyOptionen
Make-or-buy decisions, also known as MakeorBuyOptionen in German, refer to the strategic choice that companies face regarding whether to produce a good or service internally or to outsource it to an external supplier. This decision is a fundamental aspect of operations management and supply chain strategy.
Several factors influence the make-or-buy decision. Cost is often a primary consideration, with companies evaluating the
Choosing to "make" internally can offer greater control over quality and production schedules, and may be advantageous
The make-or-buy decision is not static. Market conditions, technological advancements, and changes in a company's strategic