They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. The goal of this thesis is to develop a tool for analyzing the risks associated with outsourcing decisions for corporations.The typical FMEA was researched and analyzed for its ability to be an effective tool in outsourcing risk decisions.The Outsourcing Risk FMEA was put to the test through a case study.
Further research into the proof of the analysis's effectiveness is necessary.
A need arose for a tool to standardize the process of choosing a supplier and help the decision team consider more aspects than the bid price.
The thesis explores the current methods of choosing suppliers to outsource, as well as issues and risks that need to be considered in the decision.