Ofshore vs.

Reshore
NWI Site Paper: Total Cost of Ownership
The Problem:
Sophisticated global markets demand
robust procurement strategies. But,
you don't know what you
don't know. Learning curves
can be steep,
costly and painful.
uaIity - Labor -
Scrap - Logistics -
Risk Management -
ngineering -
Inspection -
Warranty CIaims -
7raining - R&D
PRODUCT
PRICE $
It's not all about price.
Price can just be the tip of the iceberg.
With offshore manufacturing:
uaIity - Labor -
Scrap - Logistics -
Risk Management -
ngineering -
Inspection -
Warranty CIaims -
7raining - R&D
PRODUCT
PRICE $
What you don't
see can hurt the
bottom line.
And now you're
under water!
Most companies make sourcing
decisions based on price alone,
resulting in a
to
20 30
% %
miscalculation
of actual ofshoring costs.
SOURCE: Reshoring Initiative, www.reshorenow.org
Fact: Under Estimation is Prolic
PRODUCTIVITY
W
A
G
E
$
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Fact: China's Reality Worsens
Wage growth is far
outstripping annual
productivity increases...
SOURCE: Wall Street Journal
It's the cost of NOT
creating a quality
product
or service.
It's NOT about the price
of creating a quality
product or service.
SOURCE: asq.org website
Fact: The Cost of Quality
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Solution #1: Estimate Ahead of Time
Learn to estimate 29 cost
factors to drive objective
supply chain decisions
Go online and Sign Up at
www.reshorenow.org
The FREE Estimator tool enables aggregation
of all cost and risk factors into one cost for
simpler, more objective decision making.
Estimator is the property of Reshoring Initiative
Solution #2: Contact Northwire
We're innovative and here to
help your bottom line.
We're the 0M experts in design,
research, test and deveIopment of
custom technicaI products for diverse
appIications in Iife science, industriaI,
energy, aerospace and defense.
www.northwire.com
Rapid response soIutions
from our Iocations featuring
200,000 sq/ft of state-of-the-art
manufacturing and engineering services.
Pacifc
1 p.m.
Mountain
2 p.m.
Central
3 p.m.
Eastern
4 p.m.
Wisconsin
New Mexico
Northwire: Locations
convenient
regional
locations
2
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Northwire: Responsiveness
QUALITY
2013
2012
Northwire: Reshore With Us!
Talk directly to an industry expert
800.468.1516
+1 715.294.2121 cableinfo@northwire.com
www.northwire.com
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2014 by Northwire NWI Lab360
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