Reshoring!

URLhttps://medium.com/@rayasante/reshoring-55154ed75e
SourceMedium
Date Published08/19/2014
Author NameRay Asante
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name iRT Wheels
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2014
Offshore, work was done:Outsourced
Domestically, the work will be done:Outsourced
Country(ies) from which reshored:Taiwan, Province of China
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredComponents for Bicycle Wheels
What non-domestic negative factors made offshoring less attractive?Lead time/time to market, Loss of control
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Re-design of the part
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