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Eldredge
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Supply Network Guru
Nearshoring and onshoring
Eldredge   2/27/2014 9:06:27 PM
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Based on level of industry interest, bringing manufacturing closer to the consumer is a hot trend. However, there has been less traction in terms of industry movement toward nearshoring.

When it comes time to make the financial investment, the economic level of interest is revealed. I certainly hope that companies continue to evaluate the benefits of onshoring and nearshoring, with a broad consideration of all of the economic factors.

 

Hailey Lynne McKeefry
User Rank
Blogger
Big Gap
Hailey Lynne McKeefry   2/26/2014 8:12:02 PM
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There's clearly a big gap between interest in this topic and actual ability to move forward. As organizations take a broader view of cost (adding in customer experience, time to market, corprorate brand, etc.) For those of you are having these conversations in your organizatoin, what are the biggest concerns you are hearing? What benefits are organizations focusing on achieving?

_hm
User Rank
Supply Network Guru
Herd or Mob Mentality
_hm   2/26/2014 7:31:11 PM
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Like economics, this may look like and feel like herd mentality.

Most so called mangerial decision maker do not understand iota of this phenomena. Once some one does it and they read it in news, they follow the suit - mob mentality.

As for the logic, you can rationalize it either way and prove it correct. May be in this logical argument, base assumptions are wrong.

But all in all nearshoring is good news and should happen quick.





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