In Plant Sourcing is a business practice in which work that would otherwise have been contracted out is performed in house and often involves bringing in specialists to fill temporary needs to perform tasks that would otherwise have been outsourced.
An example is the use of in-house engineers to work for you, rather than sending the work to an outside firm. The engineers on the company payroll might have to train before being able to complete the task successfully and also include the possible purchase of additional machines that is scalable and energy-efficient enough to deliver an adequate return on investment.
In Plant Sourcing can be viewed as outsourcing as seen from the opposite side.
Outsourcing has gone through many iterations and reinventions, and some outsourcing contracts have been partially or fully reversed. Often the reason is to maintain control of critical production or competencies, and In Plant Sourcing is used to reduce costs of labour and transportation. This allows companies to streamline production, boost competency, and increase their bottom line.
With our experienced team of engineers, operators and the latest machinery we can take care of your production in house at your facility for you thereby reducing your inventory for toolings and your capital expenses cost albeit without compromising on quality.