Perhaps one of his most valuable visions was his understanding of industry. Today in our world of manufacturing so much of our products are manufactured with parts from all over the globe. It is difficult to purchase a single product today that was manufactured 100% in the USA – or solely in any other country for that matter.
That doesn’t mean that it is without problems. It most assuredly is not.
Manufacturing in China had for a very long time taken the manufacturing industry by force. Low cost labor and world class factories made it a very viable country to consider when thinking of manufacturing your product. Large corporations have taken advantage of this for many years, but recently they are considering coming back to the US to manufacture. Today we are seeing a vast array of companies re-shoring or near shoring rather than offshoring to other countries.
Although globalization has brought American countries lower wages and lower cost to their manufacturing needs, we have to consider the impact it has had on our local economy and in many cases, the impact it has had on brand loyalty. Many Americans won’t buy from companies who are solely manufacturing overseas.
For years we saw far fewer manufacturing jobs being filled on the mainland USA. Today that is changing! Far less offshoring and a great deal more companies moving their manufacturing back to the United States. What is the reason that we’re seeing that happen? What do you believe will be the final outcome years from now?
At WH Meanor, if you’re looking for the right manufacturing team here at home to help you to compete on a level playing field. we can help.
If you’re looking for the right manufacturing team, you have to start with the right recruiting team. Let WH Meanor put our experience to work for you. Register now for a free ten minute assessment of your search efforts by clicking the link https://whmeanorassociates.as.me/
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