Honeywell Outsourcing Essay Example | Topics and Well Written Essays - 2000 words - 1

Honeywell Outsourcing - Essay Example oneywell Aerospace, Automation and Control, Specialty Materials and its Transportation Systems which provides consumer car care products which include Prestone, FRAM. The largest of these divisions is Honeywell Aerospace which produces aircraft components, engines, avionics for commercial airlines, business and regional aircrafts and spacecrafts (Honeywell International, Inc., 2006). One of the key issues the company is dealing with today is outsourcing its business and operations. The trend of outsourcing has not been limited to the company but has been indicative of the current trends in almost all industries to cut operations costs. According to Honeywell, its outsourcing is part of its competitive strategy: "As a global technology leader, we must participate in the worldwide economy and open new markets for our products and services, while continuing to recruit and retain a competitive and talented global work force, The result will be a company that stays ahead of the curve; focuses on meeting the needs of our customers; provides challenging opportunities for our employees and sustains growth over the long-term for shareholders." (Frauenheim, 2004). The purpose of this study is to evaluate the outsourcing activities of Honeywell International Inc. and to assess the impact of these activities to the company, the industry and the national economy. This is to recognize that the outsourcing or off-shoring policies of a company, especially one of Honeywell’s magnitude influences industries and markets. A study of company, competitor and global outsourcing trends will be utilized. Literature based on industry trends will be compared to global indicators and will be used to approximate the bearing of Honeywell’s outsourcing activities. A SWOT Matrix will be used to illustrate prevailing trends as well as developments that will reflect Honeywell’s long term policies and standpoint on outsourcing. China and Mexico have been chosen by Honeywell since the