Made in the U.S.A. – the new frontier for sourcing?

Subscriber: Log Out

Over the years, there has been a lot of play in the media and in the purchasing profession regarding the subject of Low Cost Country Sourcing and offshoring. Depending on the year, it might’ve been a popular sourcing destination to be in India, China, Poland, Hungary, or any number of other countries.

More recently, there has been a growing realization that “the obvious” global sourcing decision may not be so obvious after all. A number of factors need to be understood in order to make the right decision; among them: currency valuations, sovereign country risk, quality issues, inventory issues, transit times, supply chain risks, etc.). To say it another way, a lot of homework and a lot of scenario planning are required to ensure that today’s global sourcing decision is a smart one for the foreseeable future.

It is in that context that I found the following article interesting. The title (American Made: Five Companies Bucking the Outsourcing Trend) says it all.

https://www.livescience.com/culture/american-made-companies-outsourcing-100903.html 

What are you seeing in your business? If you are a U.S. based company, have you reversed any previous offshoring decisions in favor of awarding business to US suppliers? If you are a non-U.S. based company, have you awarded any of your business to globally-competitive manufacturers based in the U.S.?


Related Article: 10 Great Companies still manufacturing in the USA

SC
MR

Tashatuvango / Getty Images
What's Related in Sourcing
Localizing Your Supply Chain
In this webinar, The Honey Pot Company’s CFO, Simon Gray and NetSuite’s Health and Beauty Segment Lead, Go Kamiyama, will discuss onshoring…
Read more

About the Author

Robert A Rudzki, SCMR Contributing Blogger
Robert A Rudzki's Bio Photo

Robert A. Rudzki is a former Fortune 500 Senior Vice President & Chief Procurement Officer, who is now President of Greybeard Advisors LLC, a leading provider of advisory services for procurement transformation, strategic sourcing, and supply chain management. Bob is also the author of several leading business books including the supply management best-seller “Straight to the Bottom Line®”, its highly-endorsed sequel “Next Level Supply Management Excellence,” and the leadership book “Beat the Odds: Avoid Corporate Death & Build a Resilient Enterprise.” You can reach him through his firm’s website: www.greybeardadvisors.com

View Robert's author profile.

Subscribe

Supply Chain Management Review delivers the best industry content.
Subscribe today and get full access to all of Supply Chain Management Review’s exclusive content, email newsletters, premium resources and in-depth, comprehensive feature articles written by the industry's top experts on the subjects that matter most to supply chain professionals.
×

Search

Search

Sourcing & Procurement

Inventory Management Risk Management Global Trade Ports & Shipping

Business Management

Supply Chain TMS WMS 3PL Government & Regulation Sustainability Finance

Software & Technology

Artificial Intelligence Automation Cloud IoT Robotics Software

The Academy

Executive Education Associations Institutions Universities & Colleges

Resources

Podcasts Webcasts Companies Visionaries White Papers Special Reports Premiums Magazine Archive

Subscribe

SCMR Magazine Newsletters Magazine Archives Customer Service