Total Cost Of Ownership, A Contract Manufacturing Guide

Manufacturing overseas has come under scrutiny over the last few years due to the 2009 recession, record high unemployment rates and questionable labor practices. In China and other developing countries, wages have increased dramatically year over year, workers are striking, and IP risks are major concerns to the bottom line. These, and other issues, have put the validity of keeping manufacturing work offshore into question. This paper will go through the use of the "Reshoring Initiative's" Total Cost of Ownership (TCO) Estimator tool and analysis to make informed decisions about the true cost of offshore manufacturing.