Editor’s note: The following is an updated version of an article published on the Shoreview Management Advisors website in January 2019. Trade Deficits and the Potential of Manufacturing Returning to the US Dominate Today’s Headlines Structural trade deficits are driving the headlines. With “America First” as the justification, the US has imposed steel and aluminum tariffs, and […]
China
RETURNING to CONFIDENCE in QUALITY: SOURCING in MEXICO as the ALTERNATIVE to CHINA
Editor’s note: The following is an updated version of an article published on the Shoreview Management Advisors website in June 2020. The relevancy of these issues continues to increase. As executives consider the best way to strengthen their strategic sourcing strategy, we highly recommend they consider Mexico due to the inherent relationship capital between the two […]
CNBC: Some Manufacturers Say ‘Adios’ to China
Robert Moser moved the manufacturing of his company’s lines of cleaning products and kitchen gadgets to China during the last decade. Now his company is moving its manufacturing again—to Mexico. “When you look at total costs, you’re pretty much at parity,” says Moser, president of Casabella, based in Congers, N.Y.
Reshoring from China: The Changing Landscape of Global Manufacturing
In recent years, the concept of reshoring has gained significant attention in the business world. Reshoring refers to the process of bringing back manufacturing and production operations to the home country from overseas, particularly from countries like China. This shift is driven by a variety of factors, including rising labor costs, supply chain vulnerabilities, intellectual […]
Why Vietnam’s Manufacturing Industry is Facing Similar Challenges to China’s [2024]
Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. Manufacturing in Vietnam has many of the same problems as China (with the exception of trade tariffs). In […]