Skip to main content

How to Return Manufacturing to America Using Total Cost of Ownership Analysis?

How to Return Manufacturing to America Using Total Cost of Ownership Analysis?


Michele Nash-Hoff
Michele is founder and president of ElectroFab Sales, a sales agency specializing in helping manufacturers select the right processes for their products since 1985. She is currently a director on the board of the and the San Diego Inventors Forum and is also Chair of the California chapter of the Coalition for a Prosperous America. Michele is the author of Rebuild Manufacturing - the key to American Prosperity and Can American Manufacturing Be Saved? Why We Should and How We Can available at www.amazon.com. She has written regular articles for IndustryWeek?s e newsline, as well as many other e........
Overview
Moving manufacturing offshore led to the loss of 5.8 million manufacturing jobs and the loss of 60,000 companies and since the year 2000. What was the impact on the American economy? Is manufacturing returning to America?
In this webinar, expert speaker Michele Nash-Hoff will provide you the answers to the above while helping you understand the hidden costs and risks of manufacturing offshore. You will learn how to conduct a Total Cost of Ownership (TCO)analysis to make the decision of whether or not to return your manufacturing to America.
Why should you attend this webinar?
It is crucial for American companies that do not have offshore plants to be trained on how to do a true Total Cost of Ownership Analysis using the TCO Estimator as a counter to the continuing trend of offshoring manufacturing jobs by multinational corporations that have facilities all over the world. 
This session will discuss the factors that are changing supply chain dynamics that make offshoring less attractive and identify industries that have reached the tipping point of returning to the U. S. Michele will also describe how the Reshoring Initiative's TCO worksheet is enabling companies to conduct a TCO analysis to determine how to reshore their products/parts.
Additionally, Michele will present case studies of companies that have successfully returned manufacturing to the U.S. using a TCO analysis. Supply chain personnel and CFOs can play key roles in educating company management about assessing the true costs of offshoring versus reshoring.
Areas Covered in the Session:
  • Elements of indirect and direct expenses should be added in a Total Cost of Ownership Analysis.
  • Hidden costs involved in outsourcing and the consequences of ignoring these costs.
  • How to Use the Total Cost of Ownership Worksheet calculator developed by the Reshoring Initiative.
  • What has been the success in returning manufacturing to America using the TCO worksheet since its founding in 2010.
  • How to select the rights parts and products to return to America.
  • Case studies of companies that have successfully returned manufacturing to America using a TCO analysis.
Who can Benefit:
  • Presidents/CEOs/CFOs, owners and/or managers of Original Equipment Manufacturers and contract manufacturers
  • Owners, managers, and procurement personnel of job shop companies that are Tier 2 and below suppliers to OEMs.
  • Supply chain professionals
  • Purchasing managers, supervisors, purchasing agents, buyers
  • Trade Professionals

Labels:
Location: United States

Comments

Post a Comment

Popular posts from this blog

The 5 most Dangerous Risks Under New HIPAA Laws

Compliance Key  -   Online hipaa training for employees in US Overview This 90-minute webinar will be addressing how practice/business managers (or compliance offers) need to get their HIPAA house in order before the imminent audits occur. It will also address major changes under the Omnibus Rule and any other applicable updates for 2018. We will go into detail about the 5 biggest "gotcha's" related to compliance with this enigmatic law. I will also speak of multiple litigated cases I have been involved with involving HIPAA compliance (or lack there of areas also covered will be texting, email, encryption, medical messaging, voice data and risk factors as they relate to IT.  The primary goal is to ensure everyone is well educated on what is myth and what is reality with this law, there is so much misleading information regarding the do's and don'ts with HIPAA - I want to add clarity for compliance officers and what you guys need to do and how to best im...
Post a Comment
Read more

Strategies for Becoming a Business Partner to Your Healthcare Leaders.Compliance Key INC -

Compliance Key INC  -  Healthcare Training Online                                                    Jay Anstine Mr. Anstine's professional background includes working on the provider and the payer side of the market, for large for-profit and non-profit health systems, and small physician-owned entities. In tackling the countless regulatory and operational issues for these diverse organization types, he has developed a deep understanding of the business of healthcare and the regulations that govern the industry.  Webinar Id:  LSHCSJA022  10:00 AM PT | 01:00 PM ET  12/13/2017  Duration 60 mins  Overview All too often compliance is seen as an obstacle or otherwise viewed negatively by healthcare leaders. This presentation will discuss strategies and insights to help the compliance of...
Post a Comment
Read more

Essentials of Affirmative Action and OFCCP Compliance

Compliance Key INC  -  Human Resource Training Online                                                                  Janette Levey Frisch Janette Levey Frisch is Keynote Speaker at Compliance key Inc. She is founder of  The EmpLAWyerologist Firm, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law.   Webinar Id:   CICJE001  10.00 AM PT | 01.00 PM ET   01/09/2018  Duration: 90 mins  Overview If you are a federal contractor, having a firm grasp on the essentials ...
Post a Comment
Read more