Source One Round Up

June 16, 2017

Here's a look at where Source One's cost reduction
 experts have been featured this week!


TCO: Why Reshoring May Be The Smart Move
Michael Croasdale, ThomasNet, 6/15/2017

While offshoring was a trend just over a decade ago, U.S. based manufacturing today is proving to be more profitable and more companies are reshoring back to the U.S. for their manufacturing needs. Source One Senior Consultant Michael Croasdale believes that the reason for this move back comes down to the total cost of ownership (TCO). Through reshoring, companies reduce shipping costs and lead times, support the local economy, promote positive branding and increase control and visibility of their products from start to finish. A higher demand for local production in addition to a lower TCO is motivating companies from a variety of industries, from automotives to consumer goods, to base their supply chain back to the U.S.


ISMNY's 2017 Risk Management: Balancing Change and Innovation Conference
Members of the Source One team headed to NYC this week to attend the ISM New York Chapter's annual Risk Management conference. This exclusive workshop offered valuable insights from a variety of professionals in risk management who provided their individual experiences and angles for the audience to consider when making decisions and planning for the future in their own businesses. These informative presentations concluded with a networking break that allowed attendees to get to know each other and the speakers to ask specific questions and address individual concerns on the topic for advice from the experts. This one-day conference served as a great opportunity for local thought leaders to regroup after the international ISM conference at the end of May. 


Road to SYNERGY: Dallas, Texas

Last week, Source One's spend management experts traveled to Baltimore, Maryland for the first event in Corporate United's Road to SYNERGY one-day conference series. This summer, CU and Source One are visiting cities across the U.S. to host a full day of engaging workshops and informative presentations from leaders in the industry. After Road to SYNERGY Baltimore came to a close, the Source One team is looking forward to getting back on the road to visit local thought-leaders in the Dallas area for their next stop on August 15th. Source One is featured as a Gold Sponsor of these events, as they support members of the Corporate United community and anticipate these Road to SYNERGY events as opportunities to network with the professionals from regional areas across the U.S. 

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