Page 1

NWI Site Paper: Total Cost of Ownership

Offshore vs. Reshore


The Problem: Sophisticated global markets demand robust procurement strategies. But,

you don't know what you don't know. Learning curves

can be steep, costly and painful.


PRODUCT PRICE $

2VBMJUZt-BCPSt

8JUIPGGTIPSFNBOVGBDUVSJOH

4DSBQt-PHJTUJDTt

3JTL.BOBHFNFOUt

It's not all about price. &OHJOFFSJOHt *OTQFDUJPOt

8BSSBOUZ$MBJNTt

Price can just be the tip of the iceberg.

5SBJOJOHt3%


PRODUCT PRICE $

2VBMJUZt-BCPSt 4DSBQt-PHJTUJDTt 3JTL.BOBHFNFOUt &OHJOFFSJOHt *OTQFDUJPOt 8BSSBOUZ$MBJNTt 5SBJOJOHt3%

What you don't see can hurt the bottom line. And now you're under water!


Fact: Under Estimation is Prolific Most companies make sourcing decisions based on price alone, % % resulting in a to

20 30 miscalculation

of actual offshoring costs. SOURCE: Reshoring Initiative™, www.reshorenow.org


Fact: China's Reality Worsens

PRODUCTIVITY YO TM

WA /T IX GE KG $

OYLRGZ

Wage growth is far outstripping annual productivity increases... SOURCE: Wall Street Journal


Fact: The Cost of Quality 68+<+4:/54 '668'/9'2 /4:+84'2,'/2;8+ +>:+84'2,'/2;8+

It's NOT about the price of creating a quality product or service.

of NOT creating a quality product or service. It's the cost

SOURCE: asq.org website


Solution #1: Estimate Ahead of Time Go online and Sign Up at

www.reshorenow.org

Learn to estimate 29 cost factors to drive objective supply chain decisions

The FREE Estimator™ tool enables aggregation of all cost and risk factors into one cost for simpler, more objective decision making. Estimator™ is the property of Reshoring Initiative®


Solution #2: Contact Northwire We're innovative and here to

help your bottom line. 8FhSFUIF0&.FYQFSUTJOEFTJHO  SFTFBSDI UFTUBOEEFWFMPQNFOUPG DVTUPNUFDIOJDBMQSPEVDUTGPSEJWFSTF BQQMJDBUJPOTJOMJGFTDJFODF JOEVTUSJBM  FOFSHZ BFSPTQBDFBOEEFGFOTF

www.northwire.com


Northwire: Locations

2

Pacific QN

convenient regional locations

Mountain QN

Central QN

K]gWcbg]b

BYkAYl]Wc 3BQJESFTQPOTFTPMVUJPOT GSPNPVSMPDBUJPOTGFBUVSJOH  TRGUPGTUBUFPGUIFBSU NBOVGBDUVSJOHBOEFOHJOFFSJOHTFSWJDFT

Eastern QN


Northwire: Responsiveness 4U3OTOS[S5XJKX7[GTZOZ_

QUALITY

7[UZKYOT.U[XYUX2KYY 9GSK*G_)[YZUS6XUJ[IZY 'T_<UR[SK 8GVOJ6XUZUZ_VOTM 6KXYUTGRO`KJ9KX\OIK+^IKRRKTIK

2012 2013


Northwire: Reshore With Us! Talk directly to an industry expert

800.468.1516 +1 715.294.2121

cableinfo@northwire.com

www.northwire.com


Copyright: NWI Site Paper 2014 by Northwireâ&#x20AC;&#x201D; NWI Lab360 All rights reserved. No part of this Site Paper may be reproduced without the prior written permission of the publisher. Trademarks, Corporation names and designated information located throughout Site Paper are the property of the respective companies.

Total Cost of Ownership: Offshore vs Reshore - NWI Cable Manufacturing Site Paper  

This Site Paper identifies the most commonly over-looked cost factors purchasing professionals and key decision-makers face when deciding wh...

Read more
Read more
Similar to
Popular now
Just for you