Time to rethink offshoring?
Here is an article from McKinsey Quarterly on the changing landscape of offshoring (password required). With rising oil prices and shrinking wage differences, do you still have the cost advantages that existed just two years ago? The analysis shows that production of certain electronic products has gone from a significant positive arbitrage opportunity to one that is negative. Now, with the potential for bringing production back to “higher cost” geographies, companies will need to employ new solutions to the productivity problem. Can ergonomics be a part of the solution?