Rebalancing Your Sourcing Strategy

Outsourcing and offshoring have been the rage for quite a while, but there are now more onshoring initiatives in both the manufacturing and service industries that possibly a major trend reversal is occurring. At the beginning of last year, we predicted that companies might start looking at the best way of sourcing instead of just saying “let’s outsource”. Then we pointed to a place it was happening successfully: General Electric’s Appliance Park (now Electrolux)
Are we jumping up and down saying: ONSHORE? Not until YOU look at the impact on the whole supply chain. Think about coordinating B2B and B2C. Think about an end-to-end supply chain. Think about good in-house systems before you go out and try to lead your supply chain. Think about your forecasting accuracy.

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