There is a rising trend of companies reevaluating their offshoring decisions and considering localization (reshoring or nearshoring). Since January 2010, reshoring and Foreign Direct Investment have brought about 260,000 manufacturing jobs back to the U.S. The main drivers behind this trend are the rapidly rising Chinese wages and the realization by companies that producing in or near the market has balance sheet, risk and strategic benefits that often outweigh higher wage rates and manufacturing costs.
This session with industry expert Harry Moser will help you learn the latest tools for making better sourcing decisions. Two of the essential tools are the Total Cost of Ownership (TCO) Estimator, which has 1,500 users and the Cost Differential Frontier (CDF), which quantifies lead time's impact on obsolescence and stock-outs.
You'll also get free access of the TCO estimator and CDF tool.
Who should attend?
Harry Moser is the founder of the Reshoring Initiative to bring manufacturing jobs back to the U.S. Prior to founding the Reshoring Initiative, he served as President of GF AgieCharmilles from 1985 until his retirement as Chairman Emeritus in 2010. Largely due to the success of the Reshoring Initiative, Harry was ind... More info