Managing Industrial Subcontracting: The Strategic Issues

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This book provides a holistic view of the concept of Subcontracting and its application in various industries in India. Subcontracting in the wider sense relates to letting out a part of the overall project obligations to another party. Such dispersal of obligations often tends to be beneficial for the parent firm and also provides adequate scope for growth to the secondary firm, which receives the subcontract. This book is an attempt to delve deep into the concept of subcontracting, its essence in the production process and application in various industries. Although subcontracts are usually given out to small and medium enterprises, it is just not beneficial for the small and less experienced business enterprises. It has been observed that subcontracting often gives the secondary firm a competitive edge, thereby, leading to its all round proliferation and strengthening. Subcontracting as an operational strategy leads to cost-effectiveness, optimum management of resources including man power and distribution of business risks. However, subcontracting relations are not bereft of risks. There are risk elements involved in contract manufacturing, the most perilous one being the overpowering of the prime contractor by the secondary or subcontractors. The book goes on to give an outline of the use of the subcontracting practice in Engineering industry, Pharma industry, Automotive Industry etc. It is categorically discussed how, for most of these industries, India has become a global destination for subcontracted jobs and services. In this context, the future of Indian SMEs is discussed and a synoptic view of the road ahead is taken.

ABOUT THE AUTHOR Arindam Mukherjee

Arindam Mukherjee holds English honors from Calcutta University and an MBA in Marketing from Icfai Business School, Kolkata. He is currently working as Senior Research Associate at Icfai Business School Research Centre, Kolkata. He has contributed articles to various magazines published by the Icfai University Press. His research interests include brand management, sales and marketing, consumer behavior and production management.

ABOUT THE AUTHOR Kumar Satyaki Ray

Kumar Satyaki Ray is an honors graduate in economics from Calcutta University and an MBA in marketing from the Institute of Integrated Learning in Management, Calcutta. He has seven years of experience in industry as well as academics. Presently, he is working as a Faculty Member at Icfai Business School Research Centre, Kolkata. Prior to going Icfai, he worked with UB Group, Bajaj Group and VST. He has varied exposure in areas like sales management and brand management. His research interest lies in various issues of strategic management from its evolution to current practices.

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Bibliographic information

Title
Managing Industrial Subcontracting: The Strategic Issues
Author
Edition
1st ed.
Publisher
ISBN
8131411731
Length
204p.
Subjects