Trend LineBased on workholding orders placed with Master WorkHolding, US manufacturers are reconsidering the cost benefits of off-shoring. As these companies retrieve product lines that are currently made overseas, Master WorkHolding has successfully helped gear up domestic facilities with more efficient and productive workholding.

Other firms are also noticing this recent shift; a newly published Archstone Consulting study determined that “almost 90% of the companies surveyed are considering changing – or have begun changing – their manufacturing and supply strategy and are being more selective in making off-shoring decisions.”

This trend is due to several factors according to this report, including:

• Slower cycle/delivery times
• Lost visibility/control
• 135% increase in ocean freight costs
• Currency valuations
• Rise in global commodity price index

For more see http://www.archstoneconsulting.com

Tags: Manufacturing

This entry was posted on Thursday, April 9th, 2009 at 10:16 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.