The outflow of manufacturing to “low-cost” countries keeps resonating lately as I envision how this next growth cycle takes shape. Before the heady days of the dot-com era distracted many businesses from their core focus and presented others with opportunity, industry change centered on the dramatic shift many North American manufacturers were making to offshore production.
Today there are a number of indicators that manufacturing might migrate back to a regional or at least continental scale.
The outflow of manufacturing to “low-cost” countries keeps resonating lately as I envision how this next growth cycle takes shape. Before the heady days of the dot-com era distracted many businesses from their core focus and presented others with opportunity, industry change centered on the dramatic shift many North American manufacturers were making to offshore production.
Today there are a number of indicators that manufacturing might migrate back to a regional or at least continental scale.
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