Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

Reshoring

Mark Perry points out an article about a company called Taphandlers that moved their production to the US from China because the cost advantage had disappeared.

The post: “Back in the USA” –Seattle Manufacture Provides A Lesson on Reshoring. Expect More of It. Lots More.

Reasons summarized:

  • big increases in labor costs
  • long lead time due to shipping
  • currency appreciation
  • increasing shipping costs

Summary of summary:

Look for more and more manufacturing production to come back to the U.S. from China in the future, as China’s once-significant labor cost advantage continues to shrink.

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One thought on “Reshoring

  1. Pingback: Reshoring – huge opportunity if we want it and a skill-set challenge we can overcome « Outrun Change

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