tag:blogger.com,1999:blog-7018230518319999846.post7577122647870971096..comments2024-03-27T10:57:28.203-04:00Comments on The Strategic Sourceror: Could the US be at the helm of the next industrial revolution?Strategic Sourcerorhttp://www.blogger.com/profile/01028298940153171661noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7018230518319999846.post-57213050941169617322014-11-11T12:07:27.022-05:002014-11-11T12:07:27.022-05:00We agree that technology, product design and lean ...We agree that technology, product design and lean processes will have a positive impact on reshoring U.S. manufacturing.<br /><br />Many companies are investing in the U.S. and reshoring because it makes good economic sense to do so.<br /><br />Companies are finding that having manufacturing near customers gives them better flexibility to respond to customers’ changing needs, eliminates higher shipping expense, minimize supply chain disruptions and eliminates the larger production runs and inventories associated with long distance offshoring.<br /><br />Automation, Lean processes and Cloud-based ERP are tools that can boost productivity and competitiveness.<br /><br />When productivity is increased, it reduces the Total Cost vs. offshore and boosts competitiveness.<br /><br />In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the not-for-profit Reshoring Initiative’s free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring. or offshoring. http://www.reshorenow.org/TCO_Estimator.cfm<br />Sandy Montalbanohttp://www.reshorenow.orgnoreply@blogger.com