Moderator: John Sprovieri, senior editor, ASSEMBLY magazine
More and more companies are trying to cut labor costs by moving their assembly processes offshore. However, the reality of outsourcing to another country is fraught with hazards that can hurt the bottom line. Knowing the pitfalls and planning ahead can mean the difference between a smooth, painless transition, and endless headaches.
The Good, the Bad and the Ugly
Richard G. Ligus, CMC, CPCM, president, Rockford Consulting GroupNo question about it: Moving production offshore can potentially save your company thousands of dollars in manufacturing costs. But just how much can be saved? And what costs factor into the equation? This objective session will cover the benefits of going offshore, as well as the risks, including hidden costs and threats to your intellectual capital.
Who and Where
Shi Han, managing partner, China Line LLCOnce you decide to move production offshore, the next question is: Where should you go? After all, many countries offer low-cost labor. A Chinese manufacturer may give you the best price, but it's also halfway around the world. Would a manufacturer in Mexico or Central America be better? How do you decide? And how do you find a reliable partner in that country to assemble your product? This presentation will answer these questions and more!
Transitioning to Offshore
Raphael Juarez, vice president, US/China Manufacturing Inc.When working with an offshore manufacturing partner, the devil is in the details. This session will teach you how to handle such issues as currency exchange, shipping, customs and parts procurement.
