MHI Board of Governor Dave Lippert recently published a new book on reshoring titled Bringing Jobs Back to the USA: Rebuilding America's Manufacturing Through Reshoring. The book, co-written with Tim Hutzel, exposes the true cost of offshoring to help American businesses make the right offshoring decisions.
“We believe that too many US companies have moved manufacturing offshore in the search for cheap labor or simply to match competitors in strategy. For some, not looking initially at the entire picture resulted in an ill-advised move. For others, the decision that once made economic sense may no longer do so. It is time to take a fresh look," Lippert said.
“In a world of shrinking supply chains, high energy costs, mass customization, and rapidly rising Chinese labor costs, it may be compelling to have manufacturing located close to the market for its products."
The book looks at a number of companies who manufacture offshore, and some of the intended and unintended costs of doing so. It also reviews five companies who manufactured offshore at one point, and determined that there were compelling reasons to return their operations to the US and includes outlines a roadmap for reshoring using a step-by-step methodology to help business leaders make the right decisions regarding reshoring their products back to America.
“It is only a myth that says manufacturing makes more sense overseas where labor costs are lower," Hutzel added. "Not only is the labor cost differential evaporating, but other hidden costs have been taking a toll. This book helps manufacturers discover how these hidden costs can make a difference in their offshoring decision.”
Dave Lippert is President and CEO of Hamilton Caster and Mfg. Company and a Board of Governor of MHI. He grew up in southwestern Ohio in an industrial family that founded a manufacturing business in 1907, making and selling industrial casters, wheels, and carts. Currently, Hamilton Caster is in its fourth generation of family management. He earned his engineering degree at the US Air Force Academy and after serving six years in the Air Force, returned to Hamilton Caster to work under his dad, then the president. In 1995, Dave succeeded his father to become the company’s fifth president.
Tim Hutzel is principal of Tim Hutzel - American Business Services. Tim was born into a blue collar family in a very small town in southwestern Ohio in 1945. He joined the US Army at age 17 as a volunteer and learned the fine art of field artillery. Tim has accrued experiences that include three university degrees, 21 years employment at GE Aviation, 20 years self-employment helping businesses improve themselves. He previously wrote Keeping Your Business in the U.S.A.: Profit Globally While Operating Locally and served as adjunct professor to Miami University’s Schools of Engineering and the Farmer School of Business.
MHI is a leading non-profit trade association representing the U.S. material handling, logistics and supply chain industry -- the Industry that makes supply chains work. MHI members are material handling, logistics and supply chain equipment, systems and software manufacturers; consultants; systems integrators and simulators; third party logistics providers and publishers. MHI provides educational, business development, networking and solution sourcing opportunities for its 800 member companies and for the larger community of manufacturing and supply chain professionals. MHI produces the largest material handling, logistics and supply chain events in North America, ProMat and MODEX.