Given today's rapidly shifting global competitive states--including customer location, natural disasters, currency valuation, labor and transportation costs and availability--many U.S. companies are revisiting decisions about their favorite production place(s). The main objective of research will be to understand a number of the tendencies that change whether U.S.-based companies bring their creation back to the United States or relocate it to different geographic locations (prop).
The focus is about the crucial variables that impact companies' manufacturing location choices, the importance of those factors, and the way the relevance has changed over time. Because of the intricacy involved in the manufacturing location choice, essential risk factors inherent in the manufacturing conclusion will also be assessed. Survey responses from 319 businesses that now manage offshore manufacturing plants are analyzed. The businesses involved how the location could help expand into new customer markets, as well as in this study also put an increasing importance on where their customers desire them to locate. These and further results and implications for U.S. manufacturing firms are presented herein.
PUBLICATION DATE: May 15, 2014 PRODUCT #: BH610-PDF-ENG
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