#onshoring

What if your biggest growth opportunity isn’t a new market but a smarter sourcing strategy?

Whether you are a tech company or not, there are semantics differences among offshoring, nearshoring, and onshoring that you should know; the difference among each term describes a critical element of your competitive strategy, especially when it comes to building software.

In a startup success, execution and planning play vital role. Achieve cheaper, faster and better organizational objective.

Are you growth oriented start-up’s/Entrepreneurs? Do you have cultivated and transcend innovative ideas for successful businesses venture?

The Atlantic recently published an article about General Electric moving its appliance manufacturing operations back to the States from China. A great (and lengthy) article, it highlights some of the challenges businesses are facing in China.

For much of the past decade, General Electric’s storied Appliance Park, in Louisville, Kentucky, appeared less like a monument to American manufacturing prowess than a memorial to it. The very scale of the place seemed to underscore its irrelevance. Six factory buildings, each one the size of a large suburban shopping mall, line up neatly in a row. The parking lot in front of them measures a mile long and has its own traffic lights, built to control the chaos that once accompanied shift change. But in 2011, Appliance Park employed not even a tenth of the people it did in its heyday. The vast majority of the lot’s spaces were empty; the traffic lights looked forlorn.

Yet this year, something curious and hopeful has begun to happen, something that cannot be explained merely by the ebbing of the Great Recession, and with it the cyclical return of recently laid-off workers. On February 10, Appliance Park opened an all-new assembly line in Building 2—largely dormant for 14 years—to make cutting-edge, low-energy water heaters. It was the first new assembly line at Appliance Park in 55 years—and the water heaters it began making had previously been made for GE in a Chinese contract factory.