Comparing Production Costs: North America vs. Asia Introduction to Production Costs When businesses consider manufacturing locations, the primary focus often falls on direct production costs. While Asia, particularly China, has long been seen as the cheaper alternative, a closer examination reveals that North America offers competitive, if not superior, overall value when considering all aspects […]
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Shorter supply chains mean fewer opportunities for disruptions and delays. With North American sourcing, your supply chain becomes more streamlined and resilient, reducing the risk of supply chain interruptions. Remember Covid? That was a major wake-up call for supply chains but many smaller disruptions happen weekly, even daily. From ships crashing in Baltimore and the
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The Hidden Costs of Overseas Manufacturing: Is It Really Worth the Risk? When considering manufacturing overseas, the allure of lower production costs can be tempting. However, many businesses fail to account for the hidden costs that can quickly erode these perceived savings. In reality, the total landed costs—when all factors are considered—can often match or
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The Hidden Cost of Offshoring: Protecting Your IP with North American Supply Chains In today’s fiercely competitive market, intellectual property (IP) is the lifeblood of innovation and competitive advantage. However, the allure of offshoring production to China and Asia, driven by lower costs, often comes with hidden risks that can jeopardize your IP. Manufacturing in
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Why Risk It? The Hidden Dangers of Overseas Shipping Recently, a container ship crashed in a major port, resulting in millions of dollars in lost goods and disrupted supply chains. This incident is a stark reminder of the inherent risks of relying on overseas shipping for your products. Your products are valuable. Your time is
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