Made in the U.S.A. – the new frontier for sourcing?
There has been a growing realization that "the obvious" global sourcing decision may not be so obvious after all.
Over the years, there has been a lot of play in the media and in the purchasing profession regarding the subject of Low Cost Country Sourcing and offshoring. Depending on the year, it might’ve been a popular sourcing destination to be in India, China, Poland, Hungary, or any number of other countries.
More recently, there has been a growing realization that “the obvious” global sourcing decision may not be so obvious after all. A number of factors need to be understood in order to make the right decision; among them: currency valuations, sovereign country risk, quality issues, inventory issues, transit times, supply chain risks, etc.). To say it another way, a lot of homework and a lot of scenario planning are required to ensure that today’s global sourcing decision is a smart one for the foreseeable future.
It is in that context that I found the following article interesting. The title (American Made: Five Companies Bucking the Outsourcing Trend) says it all.
What are you seeing in your business? If you are a U.S. based company, have you reversed any previous offshoring decisions in favor of awarding business to US suppliers? If you are a non-U.S. based company, have you awarded any of your business to globally-competitive manufacturers based in the U.S.?
Related Article: 10 Great Companies still manufacturing in the USA
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at email@example.com.
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