(in sôrc ing)
The business practice of using current personnel or resources for new tasks or projects.
In sourc ing:
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Source: Webster’s New Millennium Dictionary of English.
formerly R. T. London-Norse. “If we can insource it, we will,” says the general manager of the company’s Washington division. “Our goal is to shrink the lead time and increase the throughput. The way to do that is by insourcing.”
plant facts
R. T. London
Annual sales: $16 million
Plant size: 72,000 square feet (in an 85,000 square foot building)
www.rtlondon.com
Insourcing is just one of several moves this manufacturer of casegoods and college residence hall furniture has made to make itself more efficient and infinitely more lean. As a whole, the company has also immersed itself in books and movies about lean thinking, it has worked to create an optimal batch size for throughput and it has begun to heavily invest in new machinery.
Previously, the company, which makes casegoods such as residence hall furniture for colleges and universities, mostly outsourced and assembled. When Meehan came to the company in 2003, he looked at products the company could make in house, then designed the process to accommodate that.
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