The reshoring worm has turned for many manufacturing businesses. Work is coming home from distant shores, and it’s a good time to learn how best to take advantage of the trend.
Harry Moser, a 45-year industry veteran and founder of the Reshoring Initiative, is presenting on the topic during IMTS to help U.S. manufacturers recognize the profit potential of using local sourcing and production, as well as the critical role they can play in strengthening the economy. Reshoring has been an important driver for manufacturing’s ascendency in the past few years, and it’s also important to maintain the momentum.
Moser presents on reshoring from the IMTS main stage, located between the North and South halls of McCormick Place, from 9:30 to 9:55 a.m. on Tuesday, Sept. 11, Thursday, Sept. 13, and Friday, Sept. 14. He explains how reshoring is an efficient means of reducing imports, increasing exports and regaining manufacturing jobs in the United States.
Reshoring is not passive. Moser will present manufacturers with tools to help explain the importance and profit potential of domestic manufacturing, such as recovery from offshoring’s poor quality, trade secret thefts, supply chain disruptions and lengthy delivery times.
Another aspect of the Reshoring Initiative’s mission involves proprietary Total Cost of Ownership Estimator software that’s free and available 24/7 at reshorenow.org. With this software, users can account for all relevant factors when trying to determine their total cost of sourcing decisions. Many of these factors can be overlooked, and this software is a tool to help make more informed decisions.
Visitors to this year’s IMTS are well-advised to plan some time on Tuesday, Thursday or Friday to hear what Moser has to say on the subject of reshoring. It may have a very positive impact on your business.