Remove 2005 Remove Reduced Costs Remove Reduced Overhead
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Onshoring vs. Offshoring: 4 Indications the Tide is Turning in Manufacturing

Future of Sourcing

Per the Deloitte 2016 Global Manufacturing Competitiveness Index , wages around the world have risen fivefold since 2005. That, of course, drives up costs. Higher costs, combined with increased freight charges and tariff threats, are the major downsides companies currently face with offshore sourcing. Controlling Overhead Costs.