Offshoring vs. Reshoring vs. Nearsourcing - Understanding the Trends and Making the Right Decision for Product Sourcing
OVERVIEW Ms. Nash-Hoff’s presentation will cover how supply chain management is affecting the decision of where to source manufacturing. She will discuss such factors as hidden direct and indirect costs. Transportation costs, threat of Intellectual Property theft, quality problems, and the new tariffs on steel and aluminum are changing the status quo. She will present a true understanding of the “ Total Cost of Ownership ” (TCO) concept and share why more and more companies are either choosing to reshore their manufacturing or nearsource in Mexico. The highlight of the presentation will be several real case stories of companies that have either returned work to the U.S. from offshore suppliers or sourced production in Mexico. WHY SHOULD YOU ATTEND It is crucial for American companies to make the right decision on where to source manufacturing. Choosing the wrong location can mean the difference between success and failure as a company. Companies need to learn ho...