Manufacturing More Expensive to Offshore
Keeping Manufacturing Local Costs Less Than Moving it Offshore
New research from MIT Sloan School of Management is finding that it’s often more costly for companies to offshore. This is an interesting article, encouraging manufacturing companies to explore all their options before taking their manufacturing of products and parts offshore. It could save you money, and it’s certainly good for the country.
Also see the video at the end of the article: “Our results help managers know where local manufacturing makes sense, and to regain their hope that local manufacturing is a realistic option.”
