After the Gold Rush
While offshoring began decades ago in the 1960s, excited by the shiny gold lure of reduced labor costs, many U.S. manufacturers began a rush across the Pacific to take advantage of opportunities in China and other emerging markets. In what some observers described as a herd mentality, competitors tried to outdo each other establishing sites in Asia. But now, many of those manufacturers are finding that the gold has turned to dross. In this special edition of Supply & Demand Chain Executive...