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The Importance of Supply Chain Continuity for Military Manufacturers

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How Offshoring Impacts Industrial/Consumer New Product Development

Central to new product development is the budget, and exploring economic efficiencies often leads to offshoring options. This is especially true when the new product development program (NPD) involves injection-molded plastic components for industrial/consumer applications, as overseas costs are particularly attractive compared to domestic production.

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4 Ways Offshoring Impacts an Automotive Manufacturer’s Supply Chain

With nearly a quarter million manufacturing jobs reshored in the U.S. since 2010, it appears many automotive manufacturers are finding upfront offshore savings come with a heavy cost in parts shortages, production line shutdowns, product defects and transportation delays.

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Reshoring Is Good News for American Manufacturing

According to a survey by Boston Consulting Group (BCG) in late February, more than one-third of U.S.-based manufacturing executives at companies with sales greater than $1 billion are planning to bring production back to the United States from China or, are considering it. That’s great news for American manufacturing.

Thirty-seven percent of respondents indicated they are planning to “reshore” operations or are “actively considering” it. That response rate rose to 48 percent among executives at companies with $10 billion or more in revenues—a third of the sample.

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