Onshoring vs. Offshoring: 4 Indications the Tide is Turning in Manufacturing
Future of Sourcing
NOVEMBER 5, 2019
In fact, one report claims more than 50 manufacturers have already left China, most of which are technology hardware suppliers. Per the Deloitte 2016 Global Manufacturing Competitiveness Index , wages around the world have risen fivefold since 2005. The evolving workforce overseas means continued pay increases.
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