3.22.2004
The Offshoring Debate: UD prof chimes in
THE OFFSHORING DEBATE
"Moving overseas as a business strategy to serve a global market is the right thing to do. Moving overseas to ship manufactured parts back to the U.S. is wrong. ... "Why are American manufacturers still chasing labor rates when they know that is not their greatest cost? It’s all because our traditional accounting systems point us in the wrong direction. Traditional accounting systems, like absorption accounting, focus on the production of parts, whether they are needed or not."
"Moving overseas as a business strategy to serve a global market is the right thing to do. Moving overseas to ship manufactured parts back to the U.S. is wrong. ... "Why are American manufacturers still chasing labor rates when they know that is not their greatest cost? It’s all because our traditional accounting systems point us in the wrong direction. Traditional accounting systems, like absorption accounting, focus on the production of parts, whether they are needed or not."
