Trading in For a Newer Model
Posted Apr 28, 2011 in Management
Two U.S. laboratory owners re-think their business models to incorporate separate businesses dedicated to offshore outsourcing.
When outsourcing of dental restorations first came to widespread attention, the laboratory industry was divided between those who spoke out against it and those who embraced it as a logical progression in today's global marketplace.
While "offshore" is still a dirty word to many--56% of respondents to a recent LMT e-poll remain opposed to it--a growing number of laboratory owners are viewing offshore outsourcing as a viable business strategy. Some are outsourcing to complement their U.S. staff and services, while others are sending all of their work offshore. And--as LMT has discovered--some are more willing than others to discuss their offshore business openly.
This month, we talk to two laboratory owners who are upfront and enthusiastic about what offshore outsourcing has done for their businesses. In fact,...
