Outsourcing : organised money and disabled government -- Outsourcing, blame-shifting and major fiascos -- Unjustifiable profit-taking on mundane contracts -- Undisciplined outsourcing conglomerates -- Outsourcing specialists and the gaming of limited liability

The case for stock reduction in manufacturing has been argued by engineers who emphasise the productive benefits. Western management accounting does not provide an adequate indication of the costs of holding stock. This article constructs a framework for identifying and measuring the financial...