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Strengthening the U.S. Manufacturing Revival through Total Cost of Ownership

Total Cost of Ownership

Last week, Forbes published a guest blog by Miles Parker, a 30-year communications veteran in the design and manufacturing industries, discussing the “rebirth” of American manufacturing and why conditions here are more favorable than in the past.

According to Parker, “what is happening in our industry and technology sectors represents a long-awaited shift towards understanding where one builds and why,” and a few basic steps, such as product simplification and considering Total Cost of Ownership, will ensure “a revival of American manufacturing.” For the full article, go to Forbes.

Through the MEP Supply Chain Optimization initiative manufacturers have access to this and many other tools to focus on determining the true total cost of ownership.  To learn more about the MEP offering, visit www.mepsupplychain.org.

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