Letter from the Chairman
It’s a well-known fact. Over the last two decades, our nation has lost millions of jobs to outsourcing. Companies that once manufactured products here have outsourced entire supply chains to Asia, taking advantage of lower labor costs, accommodative governments, and lower regulatory burdens.
But as you know, wage rates in Asia are rising dramatically, oil prices and transportation costs have skyrocketed, and overseas theft of our nation’s valuable intellectual property is rampant – in many cases, these things offset much of the old rationale to manufacture offshore.
The principles of Last Mile Manufacturing have the potential to return hundreds of thousands of jobs in the tech sector – millions of jobs across all sectors -- to the United States, by taking the “last mile” and onshoring it. Last Mile Manufacturing can improve a company’s bottom line, improve responsiveness to marketplace demands, and protect valuable I.P.
But we need your help. Many companies who have offshored production now have supply chains that are based on outdated assumptions, and need to overcome considerable inertia. Learning the details behind Last Mile Manufacturing approach and spreading the word are the first step. Getting corporate leaders, industry associations, as well as local, state, and federal leadership on board is critical. Last Mile Manufacturing is the only truly self-funding job creator, and it’s a win-win for companies and communities that get behind it.
I encourage you to learn more about Last Mile Manufacturing, and to join with us in spreading the word.
Together, we can bring home those jobs for Americans.
The Last Mile Manufacturing & Onshoring Initiative