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Product Sourcing Offshore vs. Reshore - Trends and Lessons Learned (TRD561B)

Presented By : Michele Nash-Hoff
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
60 minutes
  •  Thu, May 26, 2016
Event Description

Identify the Hidden Costs of Doing Business Offshore Using TCO Analysis

Do you know what led to the loss of manufacturing companies and jobs since the year 2000 through moving manufacturing offshore? And what has been its impact on the American economy?

In this webinar, expert speaker Michele Nash-Hoff will provide you the answers to the above while helping you understand the hidden costs of manufacturing offshore. You will also understand how to conduct a Total Cost of Ownership (TCO) analysis and what it should include.

This session will discuss the factors that are changing supply chain dynamics that make offshoring less attractive and identify industries that have reached the tipping point of returning to the U. S. Michele will also describe the Reshoring Initiative's TCO worksheet and how to conduct a TCO analysis for determining whether to reshore or not by selecting the first products/parts.

Additionally, you will be provided case studies of the companies that have successfully returned manufacturing to the U.S. using a TCO analysis.

Session Highlights:

  • What elements of indirect and direct expenses should be added in a Total Cost of Ownership Analysis.
  • Hidden costs involved in outsourcing and the consequences of ignoring these costs.
  • Using the Total Cost of Ownership Worksheet calculator developed by the Reshoring Initiative.
  • What has been the success in returning manufacturing to America using the TCO worksheet since its founding in 2010.
  • How to select the rights parts and products to return to America.
  • Case studies of companies that have successfully returned manufacturing to America using a TCO analysis.

Who should attend?

Owners and/or managers of job shop companies, Supply chain professionals, purchasing managers and supervisors, buyers, and sales personnel of Tier 2 and 3 vendors to Original Equipment Manufacturers.

About Our Speaker(s)

Michele Nash-Hoff, Manufacturing ExpertMichele Nash-Hoff
Michele is founder and president of ElectroFab Sales, a sales agency specializing in helping manufacturers select the right processes for their products since 1985. Michele has been president of the San Diego Chapter of the Electronics Representatives Association and The High Technology Foundation, as well as several o... More info

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    Event Title: Product Sourcing Offshore vs. Reshore - Trends and Lessons Learned
    Presenter(s): Michele Nash-Hoff Protection Status