Reshoring means to reintroduce manufacturing production to a place that it has previously been removed from. As we saw decades ago, there was a mad dash for American manufacturing companies to head east in order to try to take advantage of low foreign wages and cheap raw materials. However, that number has begun to slow, and at times even produce a net surplus of manufacturers heading back to the US.
The Reshoring Institute was founded less than a year ago and we are already making great strides. We just finished our first semester working with interns from the University of San Diego and we've started the summer semester with two new interns…
Being one of the first Student Researchers for Reshoring Institute has been a remarkable and rewarding experience. Throughout this internship, I spent a majority of my time researching different states’ labor force, infrastructure, resources, and incentives for businesses. Along with…
My experience as a student researcher at the Reshoring institute has been a very exciting opportunity to learn more about the benefits of Reshoring and the evolving world of supply chain management. After a few intriguing projects, I have realized…
During my internship at the Reshoring Institute, I have been responsible for a number of different stimulating projects. I started with Walmart’s initiative to assist manufactures reshore their operations. Walmart’s undertaking is massive. It has pledged to increase the amount…
Last week, a group of 700 manufacturers from across America descended on Washington DC for a “Fly In” day on Capitol Hill. The purpose of the day was to voice support for the reauthorization of the Ex-Im Bank. Rosemary Coates…
Competition is inevitable and businesses aren't the only entities that have to compete. Since the economic downturn many states have been competing for your business by offering incentives such as tax holidays, training credits, reduced power costs and other credits…
We were excited that during this year’s SOTU address President Obama continued the trend of the last two years in promoting Reshoring, Manufacturing Innovation Institutes and building the middle class. “After shedding jobs for more than 10 years, our manufacturers…
According to the New York Times, the average person who shopped on Small Business Saturday this year spent less than the previous year but the overall spending increased by 2.1 percent. This was due to strong awareness and the sheer volume…
The Reshoring Institute is collaboration between the University of San Diego and Blue Silk Consulting to provide research and support for companies trying to bring manufacturing and services back to America. SILICON VALLEY AND SAN DIEGO, CA, USA, November 3,…
We started working on Reshoring not just because it’s the right thing to do but because we didn’t see a future:a future for not only our grandchildren but also our country. It’s hard to imagine a prosperous future if most…
Does it Still Make Sense to Go Offshore? There was a time not so long ago when it was common wisdom that anything you wanted to manufacture could be made more cost-effectively on foreign shores. Post WWII, the label “Made…
It’s no longer a secret that I’m making great strides in bringing manufacturing and production back to our shores. A few years ago, my colleagues in the bicycle industry laughed at the notion that it would be possible for me…
American companies that produce products in America…what a concept! Buying American products isn’t a new concept, I remember growing up in the 80′s and 90′s and constantly hearing – “Buy American cars and Support America!” At the time American cars…
Interest in reshoring and near-shoring has more than tripled since 2010 as manufacturers scramble to adapt to shifting demand and supply patterns across the globe, according to a recent survey by the Boston Consulting Group. With China’s cost advantage eroding…
Last week we were in Denver, CO for the Walmart US Manufacturing Summit where Walmart recommitted to investing in American-made products. The two-day event started with the Mayor of Denver welcoming us and then stating his case on why Denver…
Before considering how to rebalance your global supply chain, first you should take a look at the changing landscape of manufacturing. Rising costs in China and shifting global economic forces are pressuring companies to reevaluate their global manufacturing strategies and…
Failure is hard. Hard to admit, hard to accept and hard to reflect on.. Last month we discussed how to avoid the pitfalls of reshoring. We used “pitfalls” as a kind way to say “How Not to Fail” but really…
Have you ever tried to do too much at one time? Of course you have, we all have. In most cases it works out with very little fallout. In some cases though, time and money can be lost. Years ago…