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 $
2VBMJUZ t -BCPS t
8JUI PGGTIPSF NBOVGBDUVSJOH
4DSBQ t -PHJTUJDT t
3JTL .BOBHFNFOU t
It's not all about price. &OHJOFFSJOH t *OTQFDUJPO t
8BSSBOUZ $MBJNT t
Price can just be the tip of the iceberg.
5SBJOJOH t 3 %
PRODUCT PRICE $
2VBMJUZ t -BCPS t 4DSBQ t -PHJTUJDT t 3JTL .BOBHFNFOU t &OHJOFFSJOH t *OTQFDUJPO t 8BSSBOUZ $MBJNT t 5SBJOJOH t 3 %
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 $
OY LRGZ
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. 8FhSF UIF 0&. FYQFSUT JO EFTJHO SFTFBSDI UFTU BOE EFWFMPQNFOU PG DVTUPN UFDIOJDBM QSPEVDUT GPS EJWFSTF BQQMJDBUJPOT JO MJGF TDJFODF JOEVTUSJBM FOFSHZ BFSPTQBDF BOE EFGFOTF
www.northwire.com
Northwire: Locations
2
Pacific Q N
convenient regional locations
Mountain Q N
Central Q N
K]gWcbg]b
BYk AYl]Wc 3BQJE SFTQPOTF TPMVUJPOT GSPN PVS MPDBUJPOT GFBUVSJOH TR GU PG TUBUF PG UIF BSU NBOVGBDUVSJOH BOE FOHJOFFSJOH TFSWJDFT
Eastern Q N
Northwire: Responsiveness 4U 3OTOS[S 5XJKX 7[GTZOZ_
QUALITY
7[UZKY OT .U[XY UX 2KYY 9GSK *G_ )[YZUS 6XUJ[IZY 'T_ <UR[SK 8GVOJ 6XUZUZ_VOTM 6KXYUTGRO`KJ 9KX\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.