Growth of Engineering Services Outsourcing
Almost anything today remotely attached to outsourcing is fast gaining in prominence. Global outsourcing in various fields is a popular phenomenon today. Amidst all the outsourcing that is taking place, we aught to be conscious of the growing competition around us. Mulling on the same line, the emergence and growth of the engineering services outsourcing is fast gaining all the attention. Outsourcing takes place mostly in the fields of aerospace engineering, automotive marketing and other industrial machine parts and products.
We can say that engineering services outsourcing in India is presently at a fledgling phase. Although with a strong position in the Aerospace and Automotive department, focus on other industrial sections too are needed. The sourcing of engineering services for various engineering and design requirements gained its momentum back in the early 1980’s. Therefore, today it is time that companies should adopt an all-inclusive approach in order to develop capacities for engineering outsourcing on a huge scale.
The economy has seen the emergence of few eminent engineering services outsourcing companies in India and abroad. These companies houses a team of engineering consultants who have dedicates themselves to different projects in various domains like product realization solutions, oil and gas transportation, concept designing, designing civil structures, power generation, industrial products and other enterprising engineering assignments. Simultaneously, these companies have their own global product development networks that are involved in in-depth research to provide clients and users value-optimized solutions. Few other services that are provided are listed below –
- Design and detailing
- Manufacturing engineering
- Plant and Process
- Sustenance engineering
- Special Services
- Technical Publications
- Embedded Systems
- Engineering Analysis
A set of advantages and benefits that accrue to customers and users too are listed below –
- There is a greater focus given on core activities
- You can experience more manpower flexibility
- Time to market is faster
- Production development costs are minimized to a great extent
- There is knowledge retention
- You are able to shift to a variable cost model
The key reasons for the growth of engineering services outsourcing are cost reduction, integration of product development and the access to a wide talent pool from round the globe.
Aerospace engineering services are one more domain where the pace of outsourcing is high in both commercial as well as military spheres. The new products prior to supply undergo various stages of inspection formalities so that they can cater to the diverse needs.
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