Many manufacturers in the North American and European electronics industry have considered on-shoring, but just a few have taken action, according to a new report from IPC — Association Connecting Electronics Industries.
For the report, North American and European companies reported the impact of on-shoring and domestic sourcing on their operational and financial performance in 2014, addressing costs, delivery time, time to market, quality control, inventories, and sales. “While data from a small sample is not statistically significant, it offers preliminary indications of how on-shoring has affected the companies that have adopted this strategy,” said Sharon Starr, IPC director of market research.
The current status of some high-profile on-shoring initiatives by Apple, Motorola, GE and other major companies is also provided in the report. Not all of these on-shoring initiatives succeeded, but those that did may give direction to other companies.
to Daily News