June 20, 2016
Benefits of Supporting the Reshoring Initiative - Trade Associations
The Reshoring Initiative offers the following actions to benefit trade association sponsors:
1. Identify and promote cases of: a. Reshoring by member companies. b. Reshoring by customers using members’ products (components, capital equipment, etc.) Thereby documenting that the association’s U.S. members are competitive with offshore sources. 2. Present at association meetings and shows. 3. Place joint articles and webinars. Have done op-eds with or for associations, tying their objectives to the reshoring trend. Easier to place with the Initiative’s national credibility. 4. Train member sales teams to help customers compare domestic to offshore Total Cost, resulting in more sales here. We helped a Chicago area contract manufacturer save a $2 million order vs. imports by using our TCO (Total Cost of Ownership) software to make a more accurate cost comparison. 5. Present to members’ customers, e.g. at customer industry conferences 6. Identify customer companies that have heavily offshored. Work with members to educate the customers on the benefits of sourcing locally. 7. Strengthen the association’s image of commitment to North American manufacturing. 8. Strengthen the association’s core market and the U.S. economy. 9. Cooperate on skilled workforce recruitment. We have excellent presentations on the subject. Also, by documenting and promoting cases of reshoring we help recruits see that manufacturing is, again, a stable career choice. 10. Provide the reshoring logic and methods to international members. All countries want to reshore, to produce for their home market.
Actual benefits depend upon sponsorship level.