it Out- Many
companies know that doing everything themselves is not always the best business
decision. Sometimes finding the experts to do a specific aspect of design or
manufacturing is the more economical –and ultimately profitable –route to take.
When a company outsources, they can focus on their own core competencies, devote
more time to their customers, and move products out the door
Outsourcing Holds Promise and Challenges- It ’s no easy task. Companies
that outsource parts of design projects already get the advantage of outside
expertise and the luxury of concentrating on their own core competencies -very
compelling advantages that can make them more productive. Indeed, outsourcing is
a proven necessity for some companies in order to stay competitive. And, when
outsourced work goes to other domestic companies, the entire economy benefits,
some economists say. But the economy only benefits if manufacturers are able to
effectively manage the outsourced work.
Earlier this year paralyzed IndyCar drive Sam Schmidt did the seemingly impossible -- opening the qualifying rounds at Indy by driving a modified Corvette C7 Stingray around the Indianapolis Motor Speedway.
Wearables are changing the way we see ourselves. With onboard sensors that have access to our bodies, we are starting to know our physical selves like never before, quantifying our activity, our heart rate, breathing, and even our muscle effort.
Last week, the bill for reforming chemical regulation, the TSCA Modernization Act of 2015, passed the House. If it or a similar bill becomes law, the effects on cost and availability of adhesives and plastics incorporating these substances are not yet clear.
This year, Design News is getting a head start on the Fourth of July celebration. In honor of our country and its legacy of engineering innovation -- in all of its forms -- we are taking you on an alphabetical tour through all 50 states to showcase interesting engineering breakthroughs and historically significant events.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.