Manufacture or buy-in precision engineered parts?
"Make or buy" is a decision regularly faced by all OEMs and tier one / tier two sub-assembly manufacturing businesses. Although outwardly simple in concept, the decision actually relies on multiple variables, all of which must be considered before any meaningful conclusions can be made, especially when dealing with precision engineered components. Terry Grubb, MD from Aerospace subcontract engineering company Micro Precision looks at the decision-making process and the main considerations
