"American women will do almost anything in their power to slow the aging process, including spending millions annually on moisturizers and creams."
is not fair.Its not just American Women but Women everywhere will do what it takes to defy ageing....
Looking at your Supply chain question-Our Firm was one of those who took the step to reduce dependency on Asian suppliers.The reason it was no longer cost-effective especially as Shipping costs as well as Employee overheads in Asia have gone up so much.In contrast the Suppliers in N.America face much lower shipping costs also most employee wages are falling to such an extent its much easier to get quality skilled labor at decent rates in America today.And the reliability is awesome too...
All the countries you mentioned on your list,face Inflationary concerns thanks primarily to Money Printing by Western Central Banks who are flooding the world with Unheard amounts of liquidity.That problem is not going away anytime soon unless Asia makes a conscious decision to dump the US Dollar as World Reserve currency.If that happens the entire Global financial system will collapse first before a new system emerges,wherein America will most probably default on all its Liabilities.
It is in the best interests of most of the current Global participants to keep the current system going for as long as it can,inspite of the fact that it no longer serves everyones needs well enough.But then,When have we ever gotten any foresight from our Politicians & central Banks??? They have and continue to be reactive rather than proactive to the many problems that our World faces today.
Laurie Sullivan, I belive this is temporary phenomenon. But at the same time I am not surprised if Inflation in China increases and thus in turn making it unsuitable for primary outsourcing destination. Countries like Phillipines, Indonesia still hold lot of potential.
Thank you SP for your feedback. It's interesting writing about the marketing and advertising industry these days because I see many of the innovations that began in the electronics industry move to online advertising and marketing.
For one, the advertising industry has just begun to tie paid search advertising to inventory replenishment systems. Each time a product becomes out of stock the online paid search ad set up to run on search engines no longer serves up on search queries.
When the last product gets sold it triggers a signal to remove the ad from search engine query searches. Interesting stuff. Maybe in a future post I'll outline some of the changes I'm seeing. It just goes to show that innovations in the supply chain lead to change in other industries. The mature industry teaches the emerging.
Anandvy, thank you for your input. I agree that rising transportation costs have promoted the move, but do you really think manufacturing will head back to China once the dollar strengthens? How long do you think that will take? Is it that easy to move manufacturing, or do you think the move back to local areas has been in the process for some time, even before the weak dollar?
Laurie, you mention "the study showed that a greater number -- 11 percent -- of retailers have recently discontinued using certain Asian suppliers. The report suggests more companies have begun to move away from Asia and are relocating operations closer to home." I would guess that the weaker dollar is a factor. The savings that result from obtaining supplies from Asia go down when the dollar has much less buy power there. Do you have any other theories about it?
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.