Friday, September 12, 2014

Festo brings much-needed German-style skills training to the U.S.

According to Georgetown labor economist Anthony Carnevale (via the Wall Street Journal), “two million U.S. jobs go unfilled because of shortfalls in skills, training or education.” One German company, Festo, thinks it has the solution: a German-style vocational program that will apprentice students and young professionals to train them in what employers and jobs require for successful careers.

Walmart's U.S. Manufacturing Summit Outlines the Reshoring of 250 Billion in U.S. Made Goods

Watch the Summit presentation to see how Walmart is refocusing on America by focusing effort and dollars on reshoring:




















See more: http://news.walmart.com/events/2014-us-manufacturing-summit

Thursday, August 21, 2014

The Reshoring Initiative's Harry Moser to be Keynote Speaker at Bank of America Event

See press release below:

Coming Home: Manufacturing Returns to the U.S.
September 11, 2014 | Pro Football Hall of Fame | Canton, OH

With offshoring expenses on the rise, elevated risk factors, stretched supply lines and talent issues, reshoring is bringing manufacturing back to the United States, setting the stage for a manufacturing renaissance. American companies now have an exceptional opportunity to capitalize on this imminent homecoming.

Consider the Skilled Workforce Initiatives put forth by AME

Creating a stronger skilled workforce in America will enable more reshoring. Please see AME's suggestions on the subject by downloading the PDF, or reading below:



3701 Algonquin Road, Suite 225 Rolling Meadows, IL 60008-3127
Tel. 224-232-5980 Fax. 224-232-5981
Email: info@ame.org Website: www. ame.org



Making “Made in the USA” a reality!

To remain relevant as a manufacturing powerhouse, America needs a concerted effort between public educational system, government agencies, and business leaders for the revitalization of manufacturing to occur.  AME Executive Board is proposing a comprehensive plan formulated to shape the future of manufacturing workforce through knowledge and skills development that will help energize America’s economy.

Wednesday, August 13, 2014

August 2014 Reshoring News: Reshoring at IMTS

IMTS 2014

 

 

 

 

 

 

 

 

Evaluate Technology and Reshoring at IMTS


For the first time in decades, new reshoring is at least balancing new offshoring: the U.S. is now reshoring about 50,000 mfg. jobs/year. Let's make it 100,000 in 2015! IMTS exhibitors can help you find the technology you need to reduce manufacturing costs. Our Harry Moser will be available at seven events at IMTS to help you calculate how much reshoring reduces your overhead costs. See the Reshoring Initiative's IMTS Schedule.

Trying to Decide Whether to Invest in the U.S. or Source Offshore?


The relative ROI on investing in the U.S. is much higher if you consider all of the costs of offshoring instead of just the ex-works price.  Use the free Total Cost of Ownership Estimator™ to make the best sourcing decision.

            Total Cost of Ownership [TCO]: noun 1. A method that quantifies
            all the costs, risks and strategic impacts of offshoring or reshoring.
            2. A more accurate sourcing approach than PPV (Purchase Price Variance).
            3. An excellent sales tool when competing against imports.

Visit the Reshoring Initiative Sponsors at IMTS


Support from the following companies has made the Reshoring Initiative the leading force in reshoring. Thank them for helping us bring jobs and manufacturing back to the U.S. by visiting their booths at IMTS!


As always, thanks for your support.

Harry Moser - Reshoring Initiative (847) 726-2975

Millar Kelley - Newsletter Editor and Research Analyst

Join our mailing list.


Tuesday, August 12, 2014

Walmart Backs U.S. Manufacturing Sector, to Host U.S. Manufacturing Summit

The Reshoring Initiative Encourages Companies To Get On Board

A very direct way for a company to get started reshoring is to offer a Made in USA product to Walmart.

We will have a booth at Walmart’s U.S. Manufacturing SummitHope to see you there.

Companies interested in becoming Walmart suppliers go here. 

For general questions about Walmart’s efforts in US Manufacturing: MadeInUS@wal-mart.com.

Walmart’s 10 year plan will increase U.S. manufacturing jobs by about 300,000. The Reshoring Initiative believes Walmart is, today, the single biggest force in reshoring. We encourage companies to get on board.

The not-for-profit Reshoring Initiative’s free Total Cost of Ownership Estimator™ can help corporations calculate the real P&L impact of reshoring or offshoring

Companies are encouraged to contact the Initiative for help reshoring.

The Reshoring Initiative's Recommendations for the Federal Government



Reshoring Recommendations for the Federal Government, especially Department of Commerce

Executive Summary
The economic bleeding due to increasing offshoring has stopped.  The rate of new reshoring is now equal to the rate of new offshoring.  The challenge is now to reshore the 3 to 4 million manufacturing jobs that are still offshored. Recent reshoring announcements and successes by Apple, Caterpillar and GE and analysis of the economics of reshoring suggest that we could raise the net reshoring rate from the current zero jobs/year to 50,000.  For the U.S. to achieve its full reshoring potential requires a continuation of offshore cost trends, improvement in U.S. competitiveness and changes in companies’ sourcing decision metrics.  The U.S. government can influence all of these factors with minimal expenditure to achieve the 2016 scenario shown below.


Manufacturing Jobs / Year

2003
2013
% Change
Feasible 2016
New offshoring *
~150,000*
30-50,000*
- 70%
 20,000
New reshoring
   2,000*
30-40,000**
+ 1,500 %
 70,000
Net reshoring
-148,000
~0
-100%
+50,000
        *Estimated / ** Calculated