It’s no secret why many companies choose to outsource some or all of their manufacturing processes to China. The availability of cheap labor and lack of stringent regulations in the country mean U.S. companies can save significantly on fixed costs by outsourcing – at least in the short-term. In practice, however, offshore manufacturing tends to cost far more in the long run. Here are some of the main reasons why. 1) The current trade war with China
The U.S. is currently imposing approximately $250 billion in tariffs on Chinese imports. For the first time in a long time, many […]
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