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USA: "The outlook for the U.S. economy and manufacturing - 2008"

USA: "The outlook for the U.S. economy and manufacturing - 2008". 8-page report by National Association of Manufacturers.

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back to index backAMERItalk April,  2007


Merging Manufacturing and Sourcing Strategies for Global Opportunity: The Global Factory

In today’s global factories” — extended manufacturing enterprises made up of internal and external resources — sourcing can be laden with opportunities and fraught with risk. And, if you’re thinking that low cost country (LCC) sourcing cuts costs, you’re not thinking big enough.

Globalization marks a powerful shift. Once in a while, a dramatic shift in the landscape causes a fundamental change in the way companies work. Is the globalization of U.S. manufacturing such a shift? Yes, we at Deloitte Consulting LLP think so. For that reason, questions that seem like business as usual — Where to make? Where to source? — are really radically new inquiries.

From the beginning, LCC sourcing requires careful planning and rigorous execution. LCC sourcing is a potentially powerful way to reduce costs, but in actuality it’s also much more than that; it’s a key capability for companies undergoing the fundamental shift suggested in the move to selling in emerging markets. The possibility of revenue growth can increase the rewards — and the risks — of LCC sourcing.

To download 4-page report, click here.

Source:  Deloitte Consulting - GAI


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