After lunch, I gave my own presentation, incorporating the latest data on reshoring provided to me by Harry Moser, founder of the Reshoring Initiative. According to this data, the top countries from which products are being reshored are: China, Mexico …
Reshoring News
In 2015 survey of CEOs, Boston Consulting Group noted: –a 17 percent increase in the number that report they are actively reshoring now, which is 2.5 times the number actively reshoring in 2012.
Responding to reshoring, Southern Fluid Systems, Inc., provides expansive inventory of powder coating and paint finishing equipment supplies and service. Southern Fluid Systems, Inc., the premier provider of powder coating and liquid coating systems and …
Anastasia Simon, a spokeswoman for SoftWear, said that the retailer has the goal to reshore 80 percent of its manufacturing in the U.S. by 2020. The Wal-Mart Manufacturing Initiative Fund gave SoftWear grant money to figure out how to get robots to take …
When General Electric decided to reshore water heaters, it was able to produce a higher quality model for a retail price 20 percent lower than the Chinese model it replaced, creating 1300 jobs and leading to reshoring of refrigerators and washing machines too.
However, growth in imports will be limited to some degree by a trend toward “reshoring” production back to the US, as professional users are often willing to pay a premium for domestically produced tools perceived to be of higher quality. Electric outpaces …
(See 2010 Harvard Business Review) America’s Burgeoning Sewn Goods Industry While most local economy activism has focused on food production and banking, the last decade has also witnessed numerous attempts across the US to “reshore” sewn goods …
There are more opportunities in the back office to drive innovation by focusing people on what’s valuable and reshoring versus outsourcing. What are the implications for developers and engineers?There will always be changes required to customize standard …
The Reshoring Initiative has said that “the bleeding of American manufacturing jobs has stopped,” and its data shows that in the past decade new offshoring has decreased 75% while new reshoring and FDI (foreign direct investment) has increased 400%.
Despite calls for and some attempts at ‘reshoring’ of manufacturing, supply chains are getting ever more complex, which makes it harder to spot problems. It’s easy for a small business with tight budgets to overlook these issues. But getting caught …
