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- A practical guide to SEC ï¬nancial reporting and disclosures for successful regulatory crowdfunding
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- Building an AI First Snack Company: A Hands-on Generative AI Exercise
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Manufacturing Offshore Is Bad Business
內容大綱
Some U.S. companies have moved manufacturing operations overseas to take advantage of lower wage rates, defending the practice as the only way to stay competitive. For many companies, offshore manufacturing is a poor option for gaining competitiveness. It involves extra transportation, communication, and paperwork; these costs can offset any potential savings. Also, when direct labor is a small percentage of total costs, as it is for much of manufacturing, labor savings are less critical to the bottom line. The only sure way to get more competitive is to strengthen the business as a whole.