Chasing Cheap Labor in IT

0

siliconindia.com: “Quoting a new report from market research firm Gartner, Inc. CNN says that a labor crunch and rising wages could erode as much as 45 percent of India's market share by 2007. “

Yes, an article about IT, but it reminds me of the position Mexico was in. For a while, of course, Mexico was the “cheap” place to do manufacturing… problem is, someone cheaper always comes along. There have been earlier articles on this blog discussing how China is potentially no longer the “cheap” place and countries like Vietnam and Bangledesh come along. I think the lesson is to focus on more than just your labor cost and you can avoid having to jump from country to country.

Please check out my main blog page at www.leanblog.org

The RSS feed content you are reading is copyrighted by the author, Mark Graban.

, , , on the author's copyright.


What do you think? Please scroll down (or click) to post a comment. Or please share the post with your thoughts on LinkedIn.

Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.


Get New Posts Sent To You

Select list(s):
Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Free Preview! Mark's New Book: "The Mistakes That Make Us"Get PDF Now
+ +