In its latest report on American competitiveness, the Boston Consulting Group (BCG) estimates that the average cost to make goods in the United States is now only five-percent higher than in China, and between 10 and 20 percent lower when compared to the major European economies such as Germany and France. In less than three years, […]
Reshoring News
OPINION: Booming UK automotive industry must reshore to future-proof supply … – Supply Chain Digital
Follow @SamJermy and @SupplyChainD on Twitter. The UK automotive industry is back on track after years of decline, with many pointing to the important role it plays in improving the economy. According to the Society of Motor Manufacturers and Traders (SMMT) UK car plants last year produced more than 1.5 […]
Wal-Mart officials opened the second day of their manufacturing summit with a video of legendary co-founder Sam Walton saying in a speech years ago that “buying American-made products should be what all retailers are doing.” Michelle Gloeckler, executive vice president of Walmart U.S manufacturing, followed that by telling a crowd of around 2,000 suppliers and […]
Coming (Back) to America While the concept of offshoring processes to lower-cost areas of the world was all the rage just a few short years ago, experts say that factors such as a narrowing wage gap and automation are now causing companies to “re-shoreâ€� their operations. By Andrew R. […]
Hugh Jarratt has no idea how his latest product will be received by Wal-Mart Stores Inc. Admittedly his “wader sock” — made with a double cuff to keep it from falling and originally designed with hunters and fishers in mind — might not have the mass appeal of his other product, the taco plate. Wal-Mart […]
Almost eight in 10 American consumers say they would rather buy an American-made product than an imported one, according to a recent survey conducted by Consumer Reports. And more than 60 percent say they’re even willing to pay 10 percent more for it. But in our increasingly complex global economy, how much meaning does a […]
Cutting edge supply chain strategies from leading retailers and manufacturers came under scrutiny at the Logistics & Supply Chain Conference in London in March. Jaguar harnesses supply chain to drive growth Jaguar Land Rover has transformed its business and both brands over the past five years, investing over £10 billion and doubling sales. Mike Mychajluk, […]
Offshoring decimated U.S. manufacturing, but technological and economic changes combined with advanced robotics are shepherding the opposite trend — reshoring. A growing number of U.S.-based factories are using advanced robots — cheaper, smarter and more flexible — to produce goods in the U.S. faster and of higher quality compared with Chinese factories, some say. Companies […]
The manufacturer of bespoke critical fastenings and special cold forging which supplies into the automotive, construction, marine and military markets, received the high praise during a visit by members of a leading industry association. “,sans-serif;> The British & Irish Association of Fastener Distributors (BIAFD), which comprises some 80 member organisations based all over […]
ProCom Heating Inc, the world leader in the manufacturing and distribution of vent-free gas heating appliances, is relocating its China-based manufacturing facility to Bowling Green, Kentucky. ProCom Heating moved to Bowling Green in 2011 with the purchase of property at 2800 Griffin Drive. Now, the company has announced plans to build on to the original […]
