Evolution of American Factory Line System to Current Issues with Industries Moving Overseas

Evolution of American Factory Line System to Current Issues with Industries Moving Overseas

Introduction

Success in today's business environment is increasingly dependent on the development of innovative strategies and holistic sourcing that meet the needs of every business - both in the short and long term. The obvious advantage of multisourcing instead of moving overseas for several suppliers is a huge reduction in operational risks. Multi sourcing deals with many challenges. Managing multiple vendors is more perplexed than dealing with one supplier. It requires a wide range of services to define, monitored and measured, while maintaining a global vision of the company's IT infrastructure, goals and objectives. Experts suggest that the creation of an overseas strategy linked to overall business objectives is very important. To reap the benefits of working with experts, risk diversification and collect savings companies must manage multiple suppliers .

The process of moving overseas, the transfer of some functions of the entity to third parties is a natural part of the evolution of economic forms, as in the U.S and the international economy. If we examine this phenomenon at the level of economic agents, it might be argued that moving overseas is one of the most promising ways to improve the efficiency of the enterprise. This is due to the fact that moving overseas is able to attract additional external human, technological and other resources outsourcing company, while allowing the company to the customer to focus on core business. It should be noted that the process of moving overseas is also reflected at the macro level of the national economy. It appears that overseas has a significant impact on the national economy.

Traditionally release such a thing as moving overseas of IT services and functions, which improves the efficiency of the state by reducing its transaction costs, and sometimes improving the quality of performance of the functions . However, if the analogy between business enterprises and national economies, it becomes obvious that the process of moving overseas is peculiar to the national economy is no less than businesses, and is not limited to the transfer of some state functions to other entities. Indeed, if we consider the national economy as a complex, the transfer of control of any industry to foreign investors, as represented by business entities and foreign states, can be regarded as a peculiar kind of technology outsourcing.

Discussion

The evolution of the American factory line system to our current issues

The American factory system was at the core of the Industrial Revolution. This system brought human labor, technology, and managerial strategies together to produce goods faster and more cheaply. Factories encompassed a growing population of workers and subjected those laborers to a work regimen that was divided into a series of discrete tasks, subjected to specific rules and regulations, measured in precise blocks of time, and paid by the piece or the hour. It is also important to note, however, that not all factories ...