Gov. Sam Brownback unveils his Road Map 2.0 for a second term at Wichita Area Technical College. Bill Wilson Managing Editor- Wichita Business Journal Email | Twitter | Facebook Gov. Sam Brownback told a crowd of about 70 Wichitans Tuesday afternoon at Wichita Area Technical College that he wants to create 100,000 new private sector […]
Reshoring News
Print PDF FROM BUSINESS OF FASHION: In a recent Op-Ed (‘Made in the USA is More Hype Than Reality’) Edward Hertzman of Sourcing Journal used national labour cost comparisons and skill shortages to support his argument that US apparel manufacturing “won’t work at scale because of simple economics.” I agree that volume production is best […]
Often, you’ll read on these pages reports that there is a trend toward reshoring, bringing manufacturing back to home shores. I’ve written a few such reports myself. And almost as often, you’ll read that there is no such trend, that there is only anecdotal evidence. Sometimes, you’ll read both claims in the same story, and […]
A recent report issued by the Institute for Supply Management documents that the US manufacturing sector has expanded over the past 11 months. Comments from panel members reflect significant growth through the first four months of 2014, providing evidence of meaningful strength in manufacturing – an economic sector once written off as dead. But, will 2014 be a good […]
According to research by A.T. Kearney, leading reasons why companies are bringing their manufacturing back to North America include: Shorter delivery time Total cost of ownership Higher quality Reduced freight costs Wage cost improvement Improved customer responsiveness Image/brand Higher productivity Better innovation/product differentiation Inventory management As pointed out in Part 1, a key factor in […]
‘)})() //–> Manufacturers are overestimating potential savings from overseas operations by 20% to 30% by not focusing on total cost of ownership. Recently, rising energy prices, wage inflation and customer demand for shorter lead times have led many U.S. companies to consider “reshoring” the production of goods bound for domestic markets back to America. […]
The data on comparative labor and energy costs may seem compelling. But the process of bringing assembly work back to domestic factories from abroad is substantially more challenging than the economics alone would predict. Managers at GE’s Appliance Park …
LONDON, United Kingdom — In a recent Op-Ed (‘Made in the USA is More Hype Than Reality’) Edward Hertzman of Sourcing Journal used national labour cost comparisons and skill shortages to support his argument that US apparel manufacturing “won’t work at scale because of simple economics.” I agree that volume production is best sourced offshore. However, […]
By Noreen King Noreen King Like many U.S.-based contract manufacturers, I have been a big proponent of onshoring manufacturing for over a decade. And it’s easy to see why. When you consider the quality and communication challenges, increased time to market, rising wages in China, the increased cost of shipping, and political and environmental […]
Recently, rising energy prices, wage inflation and customer demand for shorter lead times have led many U.S. companies to consider “reshoring” the production of goods bound for domestic markets back to America. As with all changes to a company’s …
