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Follow the Money

Posted April 02, 2010 8:20 AM

Oh, the difference a year makes. In Spring 2009, engineering editorials wrote with concern about outsourcing/off-shoring of production jobs expanding to relocate engineering and other service jobs. Spring forward to 2010: press clippings say that manufacturers are rethinking their off-shoring commitments. The rationale for bringing production back home? Some on the list: quality control, better control, lead time reduction. But what's your take? Doesn't it still simply come down to the money?

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Guru
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#1

Re: Follow the Money

04/02/2010 9:40 AM

Sounds like the typical bean counters are chasing trends.........the smart ones create trends.

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#2

Re: Follow the Money

04/03/2010 6:49 PM

I have been in the trading industry for 30 years, I will volunteer my opinion on this. First off,the US.population has 14% of it's people in manufacturing,not good,the trend is headed downward to 9% really not good.Russia's people were almost all employed, if any one remembers in Government jobs,The Obama administration is now bragging about adding jobs,the majority has been in Government not the private sector,really really not good.we need to produce something, anything, or we will end up like our Russian brothers for the better part of the 20th century. We can't keep consuming and not producing it ain't going to work. we need cooperation from our trading partners,Japan,Korea,Europe, lets leave out France, to become whole. Some manufactures are starting to recognize price is not the only factor.when you add traveling overseas,communication, late nights,lack of communication, everybody not being on the same page.All to often your counterpart will tell you they fully understand, when in truth they have no clue.Our company is fluent in Korean Japanese,Spanish,and most of the time English and there is always problems with understanding,we all have our nuances and you can't pick that up in a telephone conversation or email.Sometimes paying a little more adds to your peace of mind and saving time with little problems. Made In America better start showing up more or we will all be working for the Government and that sure as hell ain't going to cut it,besides will all have to get those funny haircuts everybody has. maybe thats it producing hair that looks like it is glued on your head.I'm working on it,I think that's my ticket. Thank You and Good night.

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#3
In reply to #2

Re: Follow the Money

04/05/2010 12:37 PM

Quote, "We can't keep consuming and not producing it ain't going to work. we need cooperation from our trading partners,Japan,Korea,Europe, lets leave out France, to become whole." end quote

First maybe you should figure out who your trading partners are....

Top 15 International Trading Partners

1. Canada
2. China
3. Mexico
4. Japan
5. Germany
6. United Kingdom
7. South Korea
8. France
9. Taiwan
10. Netherlands
11. Brazil
12. Italy
13. Singapore
14. Malaysia
15. Ireland

Top 5 Countries Receiving U.S. Exports

1. Canada
2. Mexico
3. Japan
4. China
5. United Kingdom

Top 5 Countries Supplying U.S. Imports

1. Canada
2. China
3. Mexico
4. Japan
5. Germany

Maybe if all those maps in your school rooms weren't blank above the 49th parallel you would remember who your friends are!

/rantoff

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#4

Re: Follow the Money

04/05/2010 5:14 PM

Quality control is definitely the first rationale for bringing production home.

With the present situation in China, namely it is impossible to rely on their quality control with a hundred percent assurance no matter what product you are dealing with, a new scandal or failure can be expected to appear in the news pretty regularly. This is an opportunity to promote the reliable quality standard of a domestic product and capture the disillusioned market share.

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