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- The Disadvantages of Offshoring Manufacturing
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Although the up-front savings of offshoring may seem great, for many organizations, the total cost of manufacturing overseas may be much higher than keeping operations closer to home.
Type: Articles and White Papers Topics: Procurement, Supply Chain Management, Sourcing, Product Management and Planning, Product Development, Production Management, Supply Chain Planning, Outsourcing, Organization and Management, External Relationships, Manufacturing Processes: 4.1.1 Develop production and materials strategies, 4.0 Deliver Products and Services, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.3.2 Produce product, 4.3 Produce/Manufacture/Deliver product, 4.1.5.12 Manage cost of supply, 4.1.5 Plan distribution requirements- Relevance: 61%
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- Calculating the Total Cost of Ownership for Offshoring Manufacturing
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Although the purchase price of offshored manufacturing may seem quite low, the purchase price does not take into account the many costs associated with offshoring.
Type: Tools and Templates Topics: Accounting, Finance and Accounting, Cost Accounting, Procurement, Supply Chain Management, Sourcing, Product Management and Planning, Product Development, Production Management, Supply Chain Planning, Outsourcing, Organization and Management, External Relationships, Manufacturing Processes: 4.1.1 Develop production and materials strategies, 4.0 Deliver Products and Services, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.3.2 Produce product, 4.3 Produce/Manufacture/Deliver product, 4.1.5.12 Manage cost of supply, 4.1.5 Plan distribution requirements- Relevance: 61%
- Member Price: FREE
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- Benefits of Re-shoring Manufacturing
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The popularity of offshoring is waning as many organizations realize that, for their enterprises, the total cost of moving manufacturing overseas outweighs the benefits.
Type: Articles and White Papers Topics: Procurement, Supply Chain Management, Sourcing, Product Management and Planning, Product Development, Production Management, Supply Chain Planning, Outsourcing, Organization and Management, External Relationships, Manufacturing Processes: 4.1.1 Develop production and materials strategies, 4.0 Deliver Products and Services, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1.3 Define outsourcing policies, 4.3.2 Produce product, 4.3 Produce/Manufacture/Deliver product, 4.1.5.12 Manage cost of supply, 4.1.5 Plan distribution requirements- Relevance: 61%
- Member Price: FREE