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 in Japan” was as ubiquitous as “Made in China” is today. In the interim, Korea, Indonesia, Malaysia, and other Pacific-rim nations have each had their turn at being the low-cost alternative to manufacturing here in the United States.
As a wise philosopher named Dylan once wrote, “The times they are a-changing.”
In recent years, the cost