0314 make or buy powerpoint presentation

Description:

The image is a PowerPoint slide titled "Make or Buy," which is a strategic framework used by businesses to decide whether to produce goods in-house ("Make") or purchase them from an external supplier ("Buy"). This decision-making process is visualized through a Venn diagram with two axes: the vertical axis represents the degree of control needed over the production process, and the horizontal axis represents the risks tied to outsourcing.

On the left side, there is a box listing the "Advantages of Making," which includes benefits like low costs, better quality, unique characteristics, better time management, and control of proprietary information. On the right, another box outlines "Risks tied to Outsourcing," such as the size and power of the producer, technical capacity of the buyer, and the number of transactions involved.

The Venn diagram in the center illustrates the overlap between different levels of control needed (weak, moderate, strong) and the strategic choice between making or buying. The zones in the diagram suggest that as the need for control increases, a company is more likely to "Make" rather than "Buy." Conversely, with lower control needs and higher risks of outsourcing, a company might opt to "Buy." Between these two options lies "Partnership," a middle ground where both parties collaborate.

Use Cases:

This "Make or Buy" PowerPoint slide is a strategic tool for decision-making across various sectors, aiding in choosing between internal production and external procurement.

1. Manufacturing:

Use: Deciding on parts fabrication versus purchasing

Presenter: Operations managers

Audience: Supply chain team, executive board

2. Information Technology:

Use: Choosing between developing software in-house or outsourcing

Presenter: IT directors

Audience: Project managers, technical teams

3. Pharmaceutical:

Use: Determining whether to produce drugs internally or license them

Presenter: R&D heads

Audience: Stakeholders, investors

4. Automotive:

Use: Sourcing components versus in-house production

Presenter: Supply chain directors

Audience: Procurement managers, partners

5. Food & Beverage:

Use: Deciding on sourcing ingredients versus growing them

Presenter: Product managers

Audience: Suppliers, internal stakeholders

6. Apparel & Fashion:

Use: Considering in-house design and manufacturing against outsourcing

Presenter: Brand managers

Audience: Design team, production contractors

7. Construction:

Use: Choosing between prefabricated materials or custom builds

Presenter: Project leads

Audience: Construction managers, subcontractors