When a company successfully makes use of outsourcing agreements time and again, its decision-making process is probably worth emulating. Smiths Medical is one such company that assesses potential outsourcing partners with a checklist that communicates the basic traits required of candidates (Barbella, 2009). Company executives explain Smiths Medical’s role in the medical device market, and question potential suppliers to determine if there might be a mutually beneficial fit.
To complete this Assignment, respond to the following in a 3- to 4-page paper:
Submit your Assignment by Day 7.
Reference:
Barbella, M. (2009). Decision time. Medical Product Outsourcing. Retrieved from http://www.mpo-mag.com/articles/2009/11/decision-time