How to Return Manufacturing to America Using a Total Cost of Ownership Analysis

Guidance for California Manufacturers

Since the year 2000, moving manufacturing offshore has led to the loss of 5.8 million manufacturing jobs and 60,000 companies. As a result, the U.S. has lost the ability to manufacture all of the products needed to protect the health and welfare of Americans as well as American national security.

During this on-demand webinar, Michele Nash-Hoff, founder and president of ElectroFab Sales, provides information on how and why companies should conduct a Total Cost of Ownership (TCO) analysis to make the decision of whether or not they can return their manufacturing to America. Michele also discusses the hidden costs and risks of manufacturing offshore and the advantages of manufacturing in the U.S.

Key Takeaways:

  • How companies can determine their true Total Cost of Ownership
  • Why it is important to consider supplier geographical location
  • What the transportation alternatives are for each supplier
  • The importance of technological depth, reserve capacity, and responsiveness of suppliers
  • The effect of supplier selection on inventory costs and quality controls
  • The advantages of using “Buy American” and “Buy Local” as a guideline

Download the webinar content and watch the recording now.

This webinar was originally presented on September 22, 2020 at 10:30 am. 

 
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Meet the Speaker

Michele Nash-Hoff

Founder & President at ElectroFab Sales

Michele is founder and president of ElectroFab Sales, a sales agency specializing in helping manufacturers select the right processes for their products since 1985. She is currently a director on the board of the and the San Diego Inventors Forum and is also Chair of the California chapter of the Coalition for a Prosperous America. She is also the author of Rebuild Manufacturing – the Key to American Prosperity, Can American Manufacturing Be Saved?, and Why We Should and How We Can. Michele has written regular articles for IndustryWeek’s e newsline, as well as many other e newslines and industry websites.

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