Using Knowledge Operations Management Manufacturing Discuss Done Slow Reverse Movement Fac Q34207248

Using your knowledge about operations management andmanufacturing discuss what can be done to slow down or reverse someof the movement of factories, jobs, equipment and technology fromthe United States to low-cost countries. Be specific in yourreasoning

Expert Answer

There are two sides of theoffshoring activity. The most common side is the reduction in costdue to low wages and utilities in low-cost countries. But the otherside, which is not discussed so much is the increase in cost due torisk avoidance, transportation, andinventory. If the second part is madelarger than the first part, then the flow of the movement will slowdown or