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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. Controlling Overhead Costs. Onshoring offers companies several favorable ways of reducing overhead. The evolving workforce overseas means continued pay increases. That, of course, drives up costs.