What is Reshoring? Reshoring is the opposite of offshoring, or simply put, bringing manufacturing back to the United States or keeping it here in the first place.
The Reshoring Initiative, found at www.reshorenow.org was founded by Harry Moser in 2010, as a platform to educate companies on the true Total Cost of Ownership of offshoring manufacturing. This initiative documents the benefits of sourcing goods within the United States.
Harry Moser was President of Agie Charmilles for 22 years, and was inducted into the Industry Week Hall of Fame in 2010. He has spoken in front of Congress on Reshoring and is requested to present his TCO information by Manufacturing Associations, Trade Shows, User Groups and more.
According to a 2009 Archstone Consulting survey, 60% of OEMs and manufacturers use "rudimentary total cost models" which often ignore 20% of the costs of offshoring. Additionally, current models do not take into consideration wage inflation currently happening in many common offshore countries.
Why Reshore? Companies might reshore for many reasons, including:
- Reduce pipeline and surge inventory impacts on JIT operations;
- Improve the quality and consistency of inputs;
- Cluster manufacturing near R&D facilities, which actually enhances innovation;
- Reduce IP and regulatory compliance risk;
- And, most importantly to reduce Total Cost of Ownership (TCO)
During Harry's presentations, he shows how to use and makes available his free TCO Estimator which can help decide whether to offshore or not.
Click here to register or update your registration. Your SOUTH-TEC show badge admits you.
Successful reshoring means running at peak efficiency at home. From a machining point of view, this means software, tooling and milling machines. Sescoi, makers of advanced WorkNC CAM software, has teamed up with Harry Moser to sponsor Reshoring Seminars at various trade shows, along with other various industry leaders. Besides Reshoring, you will get an opportunity to learn about some of the latest productivity enhancing tricks and tools for machining.
WorkNC provides advanced 2-axis through simultaneous 5-axis machining that is powerful, yet also easy to use. Advanced algorithms allow for unattended milling and lights out machining. Safety protocols protect not only the part but also the tooling, tool holders and milling machines.
For more information contact:
2000 Town Center, Suite 1730
Southfield, MI 48075
(248) 351 9300