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A Return to Profitable Proximity

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Harry Moser
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Re: What about marketing?
Harry Moser   7/28/2012 7:57:29 PM
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Users use the Opportunity Cost field or any of the blank fields for that factor.

Surveys show a trend towards U.S. consumers prefering U.S. products.

 

 

Eldredge
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Re: What about marketing?
Eldredge   7/18/2012 8:55:21 PM
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@Douglas - Not to beat a terminally ill horse, it does seem like "Made in USA" has become more fashionable (even outside the clothing industry). It will be interesting to see if it is sustained.

Barbara Jorgensen
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A return to....
Barbara Jorgensen   7/18/2012 4:55:58 PM
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Good point about the elasticity of "green" and "outsourcing." I will admit that certain costs reflect my personal commitment to those ideals...a few cents for green cleaners: OK. $10K for an electric car? Not so much. I know corporations try to be consisent and hopefully the savings balance the costs. Maybe I just need a personal CFO.

Douglas Kent
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Re: A return to...?
Douglas Kent   7/18/2012 1:19:44 PM
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There is a certain degree of "elasticity" impact to the "outsourcing" and also "Green" themes....our ethical standards trump as long as we don't have to pay any more (or not much more) for the mental reward!  

Douglas Kent
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Re: A return to...?
Douglas Kent   7/18/2012 1:19:42 PM
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There is a certain degree of "elasticity" impact to the "outsourcing" and also "Green" themes....our ethical standards trump as long as we don't have to pay any more (or not much more) for the mental reward!  

Douglas Kent
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Re: What about marketing?
Douglas Kent   7/18/2012 1:17:11 PM
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Marketing "Made in the USA" is a hot factor - particularly if you are making the uniforms for the olympics!  ;-)

 

Douglas Kent
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Re: Profitable Proximity's Risks
Douglas Kent   7/18/2012 1:15:57 PM
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@ Harry  - very intersesting data and statistics.  Is this information presented as a quotable stat?  Thanks to advise

Harry Moser
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Stock Keeper
Re: Profitable Proximity's Risks
Harry Moser   7/17/2012 4:49:22 PM
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I agree re the importance of "informeddecisionmaking." One element of the decision process should be use of total cost of ownership (tco) analysis instead of making decisions based on labor rates or price. The non-profit -- Reshoring Initiative -- provides for free a total cost of ownership software that helps corporations calculate the real p&l impact of reshoring or offshoring.

When companies recognize that they will often be more profitable producing or sourcing here, they will come back. We also have a new tool for companies to report and post their reshoring cases and number of jobs reshored.

Based on the 284 published reshoring articles in our reshoring library resource, we calculate that at least 50,000 manufacturing jobs have been reshored. Thus, reshoring represents at least 10% of the 495,000 manufacturing job growth since the low in January 2010 is from reshoring.

Eldredge
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What about marketing?
Eldredge   7/15/2012 2:09:53 PM
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Are they also considering marketing appeal (for Made in US) as part ofd the equation even if the cost is marginally higher? Or is that not much of a factor?

Barbara Jorgensen
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Re: A return to...?
Barbara Jorgensen   7/12/2012 9:14:05 PM
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Bolaji: I wasn't aware it's Congress that's fueling the fire. I figured it was more of the same-old, same-old. But it is an election year. In addition to the president, a bunch of senators are no doubt up for re-election. Nothing plays to the home crowd like Made in America.

I'd be surprised if the unis are even made (entirely) of cotton. Someone must hold the patent for spandex, polyester and velcro. And there's nylon. DuPont is a US company...maybe the pols can salvage something here...

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