“I don’t want America to be a nation that’s primarily known for
financial speculation and racking up debt buying stuff from other
nations. I want us to be known for making and selling products all over
the world stamped with three proud words: “Made in America.” This is
an excerpt from the views of Mr. Obama expressed in Insourcing American Jobs Forum
in the presence of representatives of several businesses and this held
in the mid of January 2012. They were all gathered to discuss bringing
manufacturing jobs to the country. Today, after first quarter of 2012 is
over, what Mr. Obama said is the centre of his election campaign. The
campaign seems positive with respect to unemployment in the country.
However, it is also a threat to the outsourcing companies.
Despite the all goodness of insourcing for the country and how Obama Administration is working to bring the manufacturing jobs back to country, it seems a far reaching dream to be ‘master of trades’. The current global market is good because it favors the best business solutions. The market is dynamic and to be chosen up as ‘fittest candidate’ for something, one needs to be equipped enough to meet the criteria. If people go for the back office services in India, China and other Asian countries, there is a sound logic behind it. The reason is that they want to get a quality solution at the fraction of cost. Cheap labor is undoubtedly a big factor involved in outsourcing phenomenon.
Evolved in 1990s, outsourcing (off shoring) today is a solution matured enough that SMEs go for it. Back office services companies play their key role in streamlining the business process at a cheap rate. I could be wrong about giving a perspective about insourcing. So, let’s give it some time until current US elections are over. What are your thoughts about insourcing in US? Will there be more manufacturing jobs in future?
Despite the all goodness of insourcing for the country and how Obama Administration is working to bring the manufacturing jobs back to country, it seems a far reaching dream to be ‘master of trades’. The current global market is good because it favors the best business solutions. The market is dynamic and to be chosen up as ‘fittest candidate’ for something, one needs to be equipped enough to meet the criteria. If people go for the back office services in India, China and other Asian countries, there is a sound logic behind it. The reason is that they want to get a quality solution at the fraction of cost. Cheap labor is undoubtedly a big factor involved in outsourcing phenomenon.
Evolved in 1990s, outsourcing (off shoring) today is a solution matured enough that SMEs go for it. Back office services companies play their key role in streamlining the business process at a cheap rate. I could be wrong about giving a perspective about insourcing. So, let’s give it some time until current US elections are over. What are your thoughts about insourcing in US? Will there be more manufacturing jobs in future?
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