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Why domestic outsourcing is leading America’s reemergence in global manufacturing
Abstract:

With cost advantages from manufacturing in Asia and Mexico steadily deteriorating, U.S. firms are reassessing the option of domestic outsourcing to remain globally competitive. The challenge in evaluating international versus domestic outsourcing strategic options lies in that first-movers are extremely and intentionally vague about how they reach their decisions. The purpose of this article is to reveal these reasons by providing statistical and firm-based evidence on five major factors that are influencing the decision regarding where U.S. companies should manufacture to optimize their gross profits. The factors include (1) increasingly competitive U.S. labor costs; (2) increasing productivity of the U.S. workforce; (3) increasingly competitive domestic production costs; (4) incentives from federal, state, and local governments; and (5) improved synchronization of production with other business functions

Keywords: Domestic outsourcing; Labor costs; Workforce productivity; Production costs; Governmental incentives; Insourcing
Author(s): .
Source: Business Horizons (2014) 57, 27—36
Subject: تولید
Category: مقالات ترجمه شده - دانلود ترجمه مقاله
Release Date: 2014
No of Pages: 10
Price(Tomans): 0
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