As many startup businesses evolve, they follow a common pattern. An entrepreneur is inspired by an idea or market opportunity and “starts in a garage” or a basement (or their parents’ spare room). That entrepreneur at the beginning “does it all”, from product design, to marketing and sales, to customer support to manufacturing and shipment or in person delivery.
Jan 4, 2019 4:15:00 PM
Jun 4, 2014 2:27:00 PM
In a recent announcement released by Boston Consulting Group (BCG), more than half of the 200 U.S. companies with sales greater than $1 billion are moving contract manufacturing services back to the United States instead of offshoring to countries like China.
As stated by Harold Sirkin, senior partner at BCG:
Over the past couple of years, we’ve projected an improvement in U.S. manufacturing competitiveness by 2015 that would help drive an American manufacturing revival. The results of our latest survey make clear that a profound shift in attitude is beginning.