That might be little bit difficult with the current financial climate and businesses have been struggling for long. Manufacturing seems better from China than any other parts of the world, and it might continue for sometimes.
It is likely that china outsourcing will fall in 2013 as there are pressions on many companies to bring back jobs home
@Hospice_Houngbo, althought companies are being pressurized to bring back job home but then companies have to worry about their profitability as well. Manufacturing costs in China is still very less and this will help China capture major chunk of outosurced projects.
I believe production outsourcing to China will rise in 2013. One of the major reason for this optimism is because analysts are expecting market will recover in 2013 and countries like China and India will benefit from this recovery. But in future this trend might reverse consdiering the fact that inflation is slowly going up.
Putting necessary and adequate plans in place would seem impossible to achieve quicker. Although, US is on the verge of economic recovery likelyhood of bringing back productions are on the sight but in this year, very doubtfull of 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.