Harry Moser, Founder, Reshoring Initiative Harry Moser from the Reshoring Initiative stopped by our IMTS 2016 booth to talk about the progress of reshoring manufacturing to North American shores.
Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It’s a fast and efficient way to strengthen the U.S. economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective.
The Reshoring Initiative is focused on helping companies shift collective thinking from “offshoring is cheaper” to “local reduces the total cost of ownership.”
Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It’s a fast and efficient way to strengthen the U.S. economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective.
The Reshoring Initiative is focused on helping companies shift collective thinking from “offshoring is cheaper” to “local reduces the total cost of ownership.”
Harry explained how small contract manufacturing shops can use his Total Cost of Ownership (TCO) Calculator, for free, to convince their customers to keep the existing machining on our shores. He suggested asking your customers:
"Is there anything you are thinking about moving off shore, or better yet, is there anything you are getting from off-shore where you are having delivery issues, quality issues, intellectual property issues, travel, too much late night telephone calls, anything that is causing you pain,... and how can we take away the pain?"
"Is there anything you are thinking about moving off shore, or better yet, is there anything you are getting from off-shore where you are having delivery issues, quality issues, intellectual property issues, travel, too much late night telephone calls, anything that is causing you pain,... and how can we take away the pain?"
We also talked about how small machine shops can innovate more as more machining business reshores. At Destiny Tool we believe that reshoring stimulates even more new innovation and, candidly, helps us innovate new products and solutions because of our customers feedback about machining.
Here's the video below. We hope you find it helpful in growing your business.
Here's the video below. We hope you find it helpful in growing your business.
Harry Moser & The Reshoring Initiative
Harry Moser founded the Reshoring Initiative in 2010 to bring manufacturing jobs back to the U.S. Prior to the starting the Initiative, he held leadership positions at GF Machining Solutions, formerly known as GF AgieCharmilles, where he began in 1985 as the company’s president and retired in 2010 as Chairman Emeritus.
Harry's reshoring efforts have been widely recognized. In 2010, he was inducted into the Industry Week Manufacturing Hall of Fame and was named Quality Magazine’s Quality Professional of the year in 2012.
Harry has actively participated in President Obama’s Insourcing Forum at the White House in January 2012. He also won The Economist debate in January 2013 on outsourcing and offshoring, and received the Manufacturing Leadership Council’s Industry Advocacy Award in 2014.
Harry's reshoring efforts have been widely recognized. In 2010, he was inducted into the Industry Week Manufacturing Hall of Fame and was named Quality Magazine’s Quality Professional of the year in 2012.
Harry has actively participated in President Obama’s Insourcing Forum at the White House in January 2012. He also won The Economist debate in January 2013 on outsourcing and offshoring, and received the Manufacturing Leadership Council’s Industry Advocacy Award in 2014.
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