1/25/2012 1:54:00 AM
NEWS BRIEFS
Reshoring Initiative Founder Speaking to MWFA
Reshoring Initiative founder Harry Moser will speak to a joint meeting of the Mid-West Fastener Association, Chicago Metal Finishers Institute and the American Electroplaters & Surface Finishers.
The dinner meeting will be February 16, 2012, at the Wellington Restaurant in Arlington Heights, IL.
The Reshoring Initiative blames pursuit of the “lowest price” for offshoring, but it calculates that increased “total cost of ownership” and reduced profitability. Archstone Consulting’s 2009 survey showed about 60% of manufacturers use “rudimentary total cost models” and ignore 20% or more of the cost of offshoring.
As Chinese and U.S. net manufacturing costs converge by 2015, the Boston Consulting Group suggests the amount of work that is reshored or remains mistakenly offshored will rise rapidly over the next few years.
The Reshoring Initiative provides understanding of economic trends, software to assist calculating real current and forecast offshoring P&L impact and a library of 200 articles about successful reshorings.
For MWFA information: Tel: 847 438-8338 E-mail: mwfa@Ameritech.net Web: mwfa.net
Reshoring Initiative founder Harry Moser will speak to a joint meeting of the Mid-West Fastener Association, Chicago Metal Finishers Institute and the American Electroplaters & Surface Finishers.
The dinner meeting will be February 16, 2012, at the Wellington Restaurant in Arlington Heights, IL.
The Reshoring Initiative blames pursuit of the “lowest price” for offshoring, but it calculates that increased “total cost of ownership” and reduced profitability. Archstone Consulting’s 2009 survey showed about 60% of manufacturers use “rudimentary total cost models” and ignore 20% or more of the cost of offshoring.
As Chinese and U.S. net manufacturing costs converge by 2015, the Boston Consulting Group suggests the amount of work that is reshored or remains mistakenly offshored will rise rapidly over the next few years.
The Reshoring Initiative provides understanding of economic trends, software to assist calculating real current and forecast offshoring P&L impact and a library of 200 articles about successful reshorings.
For MWFA information: Tel: 847 438-8338 E-mail: mwfa@Ameritech.net Web: mwfa.net ©2012 GlobalFastenerNews.com
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