Here is a piece from Phil Blackerby, of Blackerby Associates that details the pro's (labor rates) and the con's (too many to list here) of moving production operations overseas. Have you seen your company make a decision like this based solely on labor costs? Or do they do a good job of evaluating total cost?
What do you think? Scroll down to comment or share your thoughts and the post on social media. Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.
Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus.
Latest posts by Mark Graban (see all)
- Fall in Love with the Problem, not the Solution: In Entrepreneurship and Continuous Improvement - January 29, 2023
- Do You Have a Culture of Learning From Mistakes in Your Healthcare Organization? - January 26, 2023
- What Do We Mean by Vulnerable Acts in the Context of Psychological Safety? - January 25, 2023
