VELOCITY     Accelerating Your Supply Chain Success
The leader in global supply chain solutions

Reshoring the US Economy

NO RATINGS
1 saves
View comments: newest first | oldest first | threaded
<< First   < Prev   Page 2 of 2
Douglas Alexander
User Rank
Blogger
Re: Can this be accelerated?
Douglas Alexander   11/29/2012 8:57:57 PM
NO RATINGS

@_hm...There is the sticking point. Will unions play to win or will they hold the company hostage to higher wages? n these economic times, my guess is that if jobs return, most be will be happy to work for anything that exceeds unemployment if the wage covers transportation to and from work, and any other incidentals that impact the working family because they are working.

SP
User Rank
Supply Network Guru
Re: Can this be accelerated?
SP   11/29/2012 8:50:51 PM
NO RATINGS

One question will China's max wages be ever more than USA worker's minimum wages?

_hm
User Rank
Supply Network Guru
Can this be accelerated?
_hm   11/29/2012 8:08:20 PM
NO RATINGS

Very encouraging news. How can this be accelerated? We like reshoring to move much quicker. Another question is - will USA be ready and prepared for this opportunity? I wish they better work hard this time, without unions.

 

Douglas Alexander
User Rank
Blogger
Re: Added costs
Douglas Alexander   11/29/2012 6:11:07 PM
NO RATINGS

@Mr.Roques...I think those may be rhetrorical questions as depending how invested a company is in the off shore manufacturer, will determine how costly and complicated things are bringing back home. Transportation is s moving target with sur charges for fuel, import and export tarriffs, and fluctuating money values. The general consensus is that China with its escalating labor cost will soon reach parity with the US labor cost in some states. If it takes a company two to three years to bring everything back home, that may be the right timing. We just have to watch what happens with the big players because they will exercise whatever leverage they have with their existing contractors before pulling up stakes. Either way, there is some pain for someone in the not too distant future.

Mr. Roques
User Rank
Supply Network Guru
Added costs
Mr. Roques   11/29/2012 5:21:21 PM
NO RATINGS

When you factor in the cost of transportation, added costs of customs, time, and even the cost of having such a high time-difference, how close is it? 

Also, it's simpler for a new company to make the decision, but what about a company that's already in China, how much will it cost to move back to the US?

<< First   < Prev   Page 2 of 2


More Blogs from Best-Practices
We asked Ronald Kleijwegt, Hewlett-Packard's director of logistics for Europe, the Middle East, and Africa, for his take on major shipping trends of the past decade.
The robotics revolution has transformed industries from cars to electronics. Now it's optimizing a supply chain near you.
Conflict minerals research expedited by third-party services and tools will become as essential as the polluted air you breathe.
Companies fighting conflict mineral rules face an uphill battle. By embracing these rules, they can rebuild the public trust and please investors.
Radio frequency identification device technology is rapidly gaining interest by assuring the integrity of supply chains through rules-based management.
Latest Poll
The Velocity Report Archive
Click here to see our newsletter archive.
EBN Newswire
Twitter Feed
EBN Online Twitter Feed