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posted by janrinok on Wednesday November 26, @01:11PM   Printer-friendly
from the follow-the-money dept.

Here's a "grassroots" initiative bringing manufacturing back to the USA from Asia, https://reshorenow.org/ It was started by Harry Moser, the third generation of his family involved in USA manufacturing--primarily the Singer Sewing Machine Company... at one time a huge New Jersey factory of 5 million square feet. His main tool is free-to-use software, the

Total Cost of Ownership Estimator

Most companies make sourcing decisions based solely on price, oftentimes resulting in a 20 to 30 percent miscalculation of actual offshoring costs. The Total Cost of Ownership (TCO) Estimator is a free online tool that helps companies account for all relevant factors — overhead, balance sheet, risks, corporate strategy and other external and internal business considerations — to determine the true total cost of ownership. Using this information, companies can better evaluate sourcing, identify alternatives and even make a case when selling against offshore competitors. See Impact of Using TCO Instead of Price for further explanation.

The message makes sense to this AC, don't worry about national politics, work the cost numbers in detail and let the numbers guide purchasing decisions. He reports that many, many purchasing managers never look beyond the simple price quote--of course that will be cheaper from off-shore. The reality is that when all the relevant factors are included, in many cases it's actually cheaper to buy locally.

For a somewhat independent assessment, the Association for Manufacturing Technology (AMT) summarizes the Reshoring Initiative year-end report from 2024 here, https://www.amtonline.org/article/reshoring-initiative-annual-report-287-000-jobs-announced with a Figure 2 caption, "Reshoring Initiative Library: The cumulative number of jobs brought back since 2010 is nearing two million (Figure 2) - about 40% of what we lost to offshoring."


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  • (Score: 2) by jelizondo on Wednesday November 26, @04:14PM (1 child)

    by jelizondo (653) Subscriber Badge on Wednesday November 26, @04:14PM (#1425253) Journal

    Visual Capitalist says [visualcapitalist.com] jobs actually have been lost...

    So which is it, more jobs or lost jobs?

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 1, Informative) by Anonymous Coward on Wednesday November 26, @04:41PM

    by Anonymous Coward on Wednesday November 26, @04:41PM (#1425258)

    Here's another source, https://blog.uwsp.edu/cps/2025/01/29/u-s-manufacturing-employment-a-long-term-perspective/ [uwsp.edu]
    The included plot of USA manufacturing jobs from US Bureau of Labor data shows:
        + Lots of oscillations between 1970 and 2000, including an overall peak around 1979.
        + A major loss of manufacturing jobs from 2000 to 2010. [Cultural reference--the movie "Outsourced" is from 2006, although that was more about office jobs than manufacturing.]
        + A slow increase from 2010 to now, but with a sawtooth notch during covid that has recovered back to the pre-covid level.