Five key factors driving reshoring

At the annual MFG Meeting in Phoenix, John Walker, chairman of Oxford Economics, cited the five reasons reshoring is taking hold in the U.S.

03/06/2014


The issue of reshoring manufacturing, and by extension, manufacturing jobs, was PLE1403_WEB_IMG_Walkerseen at one time as a matter of patriotism. The economic and logistical issues have easily overtaken any other factor as the reason manufacturing jobs are migrating back to the U.S. 

Here are five key factors driving reshoring according to Walker:

  1. It reduces the time to market.
  2. It reduces costs.
  3. There is better product quality.
  4. There is more managerial control.
  5. There is easier supply-chain management.


No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
40 Under 40; Performance-based design; Clean agent fire suppression; NFPA 92; Future of commissioning; Successful project management principles
BIM coordination; MEP projects; NFPA 13; Data center Q&A; Networked lighting controls; 2017 Product of the Year finalists
Emergency lighting; NFPA 3 and 4; Integrated building systems; Smart lighting, HVAC design
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
Tying a microgrid to the smart grid; Paralleling generator systems; Previewing NEC 2017 changes
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me