The inability to see the “total costs” of moving operations out of the U.S. led companies to make poor decisions about offshoring, according to John Shook, chairman and CEO of the nonprofit Lean Enterprise Institute. Shook made his comments in “The Insourcing Boom,” the cover story of the December 2012 issue of The Atlantic. The realization that there is more than the offshore labor rate to consider when deciding where to make products is leading many companies to relocate operations back to the U.S.
Read the story at http://www.theatlantic.com/magazine/archive/2012/12/the-insourcing-boom/309166/?single_page=true