US manufacturers are increasingly looking to outsource non-core functions in order to bolster against a recession, according to a new study released today (3 February).
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The study, commissioned by Advanced Technology Services (ATS) and conducted by Nielsen, found two-thirds of respondents would outsource maintenance as a hedge against a downturn in the economy.
The trend has been spurred by tight access to credit as businesses delay making new capital purchases, the researchers concluded.
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By GlobalData“Companies are being forced to reexamine how they’re doing things to gain more efficiency from their manufacturing assets during this recession,” said Jeffrey Owens, president of ATS.
