Build Your Supply Chain In The U.S. And North America
The United States, Canada and Mexico together represent the greatest economic zone in the world. The total cost of ownership from products sourced in the North American market is competitive with all other locations and regions. The notion that it is too expensive to do business in the United States and North America is fundamentally wrong. The reality is that, when you consider labor cost, product quality, reliability and shipping costs (the total landed costs of products or services) the total cost of ownership of doing business in our own backyard is better than anywhere else in the world.
I have built supply chains across 60 countries.?There's absolutely a place for international supply chains beyond the U.S. and North America. However, you want to use international markets for supply where your products are manufactured and consumed overseas.?The conventional wisdom is that it is too expensive to do business in the U.S. and North America. ?This viewpoint is wrong. It is less expensive and more efficient to do business in the U.S. and North America when you consider the aggregate costs and the quality of your product.?It is far better to source products and components in the North American market to build a more robust supply chain that has multiple supply sources and avoids myriad risks associated with labor, shipping and quality issues from distant international suppliers.
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?The challenge: you have to work for it. Most people don't have any idea how to truly find suppliers outside of the big metropolitan areas in the U.S. much less Canada or Mexico. When you're in places like rural Georgia, South Carolina, Alabama, when you're in places like rural Kansas, South Dakota, North Dakota, Nebraska, Minnesota, and many more, these places have exceptional talent with tremendous work ethic and absolute commitment to the products and services that they deliver. The cost to produce great products in rural U.S. is often superior on an absolute labor rate basis, but almost always superior on a total-cost-of-ownership basis.
Look in our own backyard to build your supply chain. ?Once people really understand the capabilities, work ethic, quality and cost across the U.S. and North America (e.g., literally North Carolina, North Dakota, South Dakota, Iowa, Nebraska, Minnesota, Montana, Kansas, etc.), the choice is clear to source all of our products right here where the total cost of ownership is the best in the world.?
Retired
2 年I totally agree.