Generated wealth for companies and consumers. Outsourcing is another example of American-led innovation that keeps U.S. companies at the forefront of competitiveness. Greater innovation leads to cost reductions, shareholder wealth and lower prices for consumers, which contributes to a higher standard of living for us all.
Reduced costs. The largest economic value added, cost savings, accrue to companies who offshore. For every dollar spent an estimated 60% is captured as a net cost reduction.
Improved productivity. In China, factory jobs for American companies are highly sought-after. Employees are motivated to do well and take pride in their work. That translates into solid productivity with minimal errors and reduced downtime, all at a reasonable price.
Increased revenue for U.S. companies. Every Chinese plant uses American technology and depends upon American-made tools and equipment to produce your goods. In other words, a portion of what you spend goes directly back into the U.S. economy.
Repatriated profits. American companies that prudently manufacture overseas are more cost-effective, more profitable, which in turn brings more capital home to expand or venture into new services.Greater efficiencies. Otherwise inefficient labor resources are re-allocated more productively, creating a stronger American workforce.
Conclusion. Offshoring creates wealth, which benefits your company and the world while the U.S. economy gains disproportionately.
