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?
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Mark Graban
Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent book is 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. His latest book has been released as an "in-progress" book, titled Measures of Success.