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The FEI-Duke CFO Outlook Survey for the first quarter of 2004 examines key outsourcing trends among companies, highlighting opinions on presidential candidates' capabilities in economic categories. The survey reveals that 61.2% of companies have maintained or decreased outsourcing jobs outside the U.S., and up to 57.7% of CFOs reported outsourcing jobs across various skill levels. Key drivers for outsourcing include cost, quality, and proximity to customers. Satisfaction with outsourced functions is also assessed, providing insights into executive sentiments in a changing economic landscape.
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FEI-Duke CFO Outlook Survey 1st Quarter 2004
Which presidential candidate do you think will be better in the following categories?
Over the past 3 years, has your company increased, decreased, or maintained the number of jobs outsourced outside of the US? 61.2% 34.7% 4.1%
What skill-level jobs have you outsourced to locations outside of the US? (select all that apply) 57.7% 50.0% 0.0%
What types of functions do you outsource to locations outside of the US? Other, specified: manufacturing, legal, audit, tax, sales, pre-sales support, tooling
What are your reasons for outsourcing jobs outside of the US? (select all that apply) Other, specified: proximity to supply chain; parent company in UK; match customer moves; proximity to customers; customers want offshore sourcing; shorter lead times; lower overall product cost; better service for lower cost; better quality
Rate your satisfaction with the overall performance of the functions you outsourced outside of the US.