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Sixty-one percent of respondents are currently considering shifting their manufacturing operations closer to customers to provide better service and enable accelerated growth.
Top issues facing North American companies regarding offshoring are cycle/delivery time (49 percent) and product quality (49 percent).
Logistics (57 percent) and supplier/component prices (73 percent) posted the highest percentage increases for manufacturers during 2007 to 2010.
The most important factors in the decision to offshore are labor costs (74 percent), proximity to the customer/market (67 percent) and workforce skills (61 percent).
March 23, 2011
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