On-Shoring

China’s overwhelming manufacturing cost advantage over the U.S. is shrinking fast. Within three years, a Boston Consulting Group analysis concludes that rising Chinese wages, higher U.S. productivity, a weaker dollar, and other factors will virtually close the cost gap between the U.S. and China for many goods consumed in North America. Bill Michels, president of ADR North America LLC, a specialty consulting firm that focuses on purchasing and supply chain management and senior vice president of the Institute ...

The Insourcing Boom by Charles Fishman
The Atlantic 12/2012
After years of offshore production, General Electric is moving much of its far-flung appliance-manufacturing operations back home. It is not alone. An exploration of the startling, sustainable, just-getting-started return of industry to the United States.
…. In the midst of this revival, [GE CEO Jeff] Immelt made a startling assertion. Writing in “Harvard Business Review” in March, he declared that outsourcing is “quickly becoming mostly outdated as a business model for ...