Washing machine company bringing operations into US
Whirlpool, a well-known American provider of washing machine units, is joining in the trend of bringing manufacturing operations back to the United States, in a classic example of the process that many have called "onshoring."
In this case, the benefits seem to be pretty obvious for Ohio, the state where the company will be adding as many as 100 jobs, according to the Wall Street Journal. But without the kind of planning and manufacturing business software that can help you really figure out the best use of your time, this might seem like a hollow effort, and could lead to some rather disastrous consequences for your brand overall if you aren't sure about this process.
While Whirlpool is not completely shutting down its plant in Mexico that it's drawing these jobs from, it does seem to be relocating workers with a firm purpose of strengthening domestic production, even though it is more expensive to do so.
Brian Belski, who works for BMO Capital Markets, was recently interviewed by Bloomberg on the importance of domestic production to America's future in business.
"We believe you're going to see more onshoring in America," he said, speaking for himself and his co-interviewee, money management CEO Bill Harris. "It's going to be all about productivity here and capacity coming back to America, which is a big theme with the Capex (capital expenditures) recovery of the next ten years."
This might sound like rose-tinted daydreaming until your business starts considering redistributing as well. You don't have to completely shut down one sector to revitalize another if you have the right business management software to help coordinate this.