Todays entry is more of an announcement than opinion or information about CAM software.

Reshoring is kind of the opposite of offshoring. It is bringing work back to the United States that was sent out of the country previously. It can also include keeping work here that otherwise one might outsource. Reshoring requires looking at the Total Cost of Ownership (TCO) of your manufacturing. Some other justifications to reshore might include:

• Reduce pipeline and surge inventory impacts on JIT operations
• Improve the quality and consistency of inputs
• Enhance Innovation (by being near the manufacturing)
• Reduce IP and regulatory compliance risk

The Reshoring Initiative was founded by Harry Moser, the former President (22 years) of Agie Charmilles. Harry was also inducted into the 2010 Industry Week hall of fame, and has spoken beside other manufacturing luminaries such as Steve Jobs, Jack Welch and Lee Iacocca. Recently at the Amerimold show, one particular financial analyst speaker made the comment that of all the states that are having a financial crisis, if they had the same manufacturing base today that they had just ten years ago, those states would not have a financial crisis, showing just how important reshoring is.

Part of Reshoring is being able to be as productive as possible, reducing the TCO. To that end, Sescoi USA is hosting a Reshoring Seminar in the Chicago area on June 21st. There is a link to this event here. Not only will Harry Moser from the Reshoring Initiative speak about reshoring and how to go about it, but experts in the milling industry will discuss how to be more productive.

Harry will be showing his free tool, the TCO Estimator , for calculating the true Total Cost of Ownership. It can help large shops determine whether to outsource or not, and it can help small shop sell the benefits of local suppliers.

This is a free event, and companies involved in milling are invited to attend. However seating and space is limited, so advanced registration is required.

Go to the link here for more information, and if interested, and in the milling industry, feel free to sign up.