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Onshoring vs. Offshoring: 4 Indications the Tide is Turning in Manufacturing

Future of Sourcing

While some companies and manufacturers are setting their sights on alternative foreign factories, such as Vietnam and Thailand, others are looking to make parts closer to home. In fact, one report claims more than 50 manufacturers have already left China, most of which are technology hardware suppliers.

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A Look Back On The Automotive Industry’s Last Quarter of 2023

Perficient Digital Transformation

The Purchasing Managers Index (PMI) Manufacturing PMI: The Purchasing Managers Index (PMI) is a major economic indicator derived from the monthly survey of Private Sector Companies – and measures the change in economic activity in the manufacturing sector. PMI>50.00 points = Expansion PMI<50.00 points in November 2023.

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How Bad or Good Are Outsourced Telesales in 2021?

Magellan Solutions

In 2005 its leadership team made a strategic decision to integrate the company’s multiple business units into a single unit. As a resuly, it turned itself into the world’s second-largest PC manufacturer. . Since the spin-off of its contract manufacturing operations in 2000, Acer made a big step ahead of its competitors.

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The Road To Pioneering 2 Decades Of Philippines Call Center Outsourcing

Magellan Solutions

By the 1970s , manufacturing companies outsourced manpower to foreign countries. Manufacturing businesses found out that they could also outsource some of their functions. By this time, Magellan Solutions had started to open its own doors in 2005. . Magellan Solutions joining the race. It was a step towards cost-saving measures.

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Leading Software Outsourcing Companies in Vietnam: Top 11 Partners in 2024

Groove Technology

Strengths: Strong focus on emerging technologies Presence in Japan and the US markets Expertise in automotive and manufacturing sectors CMC Global CMC Global, a member of CMC Corporation, is one of the largest ICT groups in Vietnam. Key Services: AI and machine learning, blockchain, IoT, and custom software development.

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Everything You Need to Know About the Philippine Call Center Industry

Magellan Solutions

1995 : The Philippine Economic Zone Authority—the government agency that promotes investments and facilitates business operations of investors in export-oriented manufacturing— was instituted under former President Fidel V. 2005 : The Philippine BPO industry contributed 2.4% Ramos’ term. 2008 : The majority of the top U.S.

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Global Data Security: Implementing Compliance Across Borders

Intugo

For instance, in 2005, the CardSystems breach exposed 40 million credit card accounts, underscoring the financial stakes of security failures. A World Economic Forum report warns that AI-driven threats are particularly concerning in industries like healthcare, finance, and manufacturing, where data integrity is critical.