Reshoring Manufacturing Operations to North America
Moving operations off-shore to reduce cost has been a long standing practice in manufacturing, however the alternative benefits of reshoring operations has become more evident in recent years.
Manufacturers need to weigh the options of labor cost, shipping, taxation, lead time and trade implications.
There are many complex aspects of establishing which practice is right for your business over the long run.
Two major factors driving the reshoring trend can be easily observed:
Reshoring (otherwise known as onshoring, inshoring or backshoring) is widely viewed as the best form of insurance against the cost-instability of offshoring, of course the “elephant in the room” is that offshoring has been leveraged historically to reduce the additional costs of manufacturing onshore, so what can be done about this? Industry 4.0 is the answer.
How can Promark Electronics assess my situation?
The decision to manufacture onshore or offshore is complex path to navigate, Promark Electronics prides itself on helping find this solution for their partners.
Some of the many factors we address:
- Lead time
- Quality control
- Production consistency
- Stocking and time-to-market
- Regulatory compliance
Speak to a Manufacturing Expert
Promark Electronics helps OEMs navigate the difficult process of moving custom electronics manufacturing operations onshore to North America.