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Onshoring vs. Offshoring: 4 Indications the Tide is Turning in Manufacturing

Future of Sourcing

Another indicates that two in five American companies with manufacturing arms in China have either relocated or are planning to relocate their production to other offshore sites. Changing Generational Workforce and Rising Costs. When I started nearly 20 years ago, sourcing costs were much lower. That, of course, drives up costs.

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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Due to the numerous advantages outsourcing has to offer, including reduced costs and access to a larger talent pool, an increasing number of companies are outsourcing their software development needs to outsourcing companies. You must be ready to handle any risks or challenges you may encounter before you employ an offshore staff. .