Posts Tagged ‘Reshoring’
Will We See a Surge in Reshoring Post COVID-19?
COVID-19 has changed so much about everything, from our ability to run errands to managing global supply chains. As networks of trade shift and companies work to adapt to the changes brought on by COVID-19, there is a lot of speculation about what the future will look like for manufacturing, trade and business on a…
Read MoreAn Update on Reshoring: Dissatisfaction Continues to Grow with Offshore Manufacturing
For decades, companies have turned to offshore manufacturing to meet shifting demands and cut production costs. Unfortunately, many companies are left feeling unhappy with their offshore manufacturing due to the often unpredictable and inconsistent quality of the items and components that are produced. This dissatisfaction has led to a shift among manufacturers who are beginning…
Read MoreUPDATE ON THE RESHORING MOVEMENT: WHAT FACTORS ARE AT PLAY?
Over the last several decades, American businesses outsourced much of their manufacturing and operations overseas. But there are actually signs that domestic manufacturing is beginning to make a comeback. Read on to find out more about the reshoring movement and some of the factors that will determine the future of U.S. manufacturing. International labor laws: One…
Read MoreAN UPDATE ON RESHORING IN THE MANUFACTURING INDUSTRY
Over the last several decades, shifts in the economy and changes to manufacturing practices have led to major changes in how– and where– manufacturing is done. While we’re all familiar with the stories of companies outsourcing manufacturing operations overseas, you may not hear as much about reshoring, which is what happens when a company brings…
Read MoreYOUR BUSINESS BENEFITS WHEN YOU CHOOSE LOCAL
Over the last several decades, there has been a major shift towards foreign manufacturing. From garments to electronic devices, it seems as though many items on the market today were made somewhere other than the United States. Exporting manufacturing jobs has had significant impacts on the American economy, but it also has implications for day-to-day…
Read MoreSTILL ON THE FENCE ABOUT RESHORING YOUR PRODUCTION? THIS TOOL CAN HELP.
THE RESHORING TREND IN MANUFACTURING Following the wide scale outsourcing of U.S. manufacturing production over the past 40 years (much of it sent off to Asian countries like China where dramatically lower wages and a more than ample supply of workers meant low manufacturing costs in comparison to U.S. production) a new “reshoring” movement is…
Read MoreDOING MORE WITH LESS: AUTOMATION LEADS INCREASE IN U.S. RESHORING
ECONOMIES OF SCALE Once upon a time, the key to maintaining a competitive edge as a manufacturer rested almost solely on ensuring economies of scale; the faster and more cheaply you were able to produce, the better. Sure, you hoped at the end you would have quality products that worked as planned but the majority…
Read MoreSTILL THINK OUTSOURCING IS SAVING YOU MONEY? FIND OUT WHY SMART BUSINESSES ARE TURNING TO ONSHORING
ONSHORING THE BETTER CHOICE FOR BUSINESS Reshoring manufacturing processing and production is continuing to trend upward in the United States. This trend has been on the upswing for the third straight year and reflects a growing desire for companies and executives to push harder at bringing business and manufacturing back to local shores. What are…
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