The Thomas Blog

Manufacturing and Industrial

TCO: Why Reshoring May Be The Smart Move For Your Supply Chain

Discussions about bringing manufacturing back to the United States are heating up as reshoring and U.S.-based manufacturing have become more lucrative. Many CEOs and CFOs are realizing that their businesses would have a lower total cost of ownership (TCO) with U.S.-based operations when potential steep tariff hikes and reshoring tax benefit programs come into play. Tech giants like Apple, Foxconn, and Offsite Networks are now looking to manufacture more affordably, locally, and, most importantly, with more integrity.

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Supply Chain

Communicate Procurement's Worth With Your Stakeholders

Did you know that only 29% of procurement organizations are viewed as valued business partners? However, when the role of procurement is elevated, businesses realize ROI improvements of up to 250%?

So why are so many businesses forgetting, or ignoring, procurement as a valued business partner, and what can be done to address the issue?

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Events

The THOMASNET.com Team Chats With Manufacturing Talk Radio At ISM2017

ISM2017, The Institute For Supply Management (ISM) annual conference, just wrapped up in Orlando, Florida. The THOMASNET.com team was there, uncovering the latest trends and challenges impacting supply chain professionals every day

In addition to speaking with supply chain professionals, we also spoke with the duo Tim Grady and Lew Weiss of Manufacturing Talk Radio for a series of interviews. Listen to the podcasts below. 

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