Why are some of the best companies moving part of their Supply Chain back to the USA from Asia? Offshoring has been popular for the past several years as businesses have been forced to drive costs out of their products in order to remain competitive. Businesses have now had time to analyze the full impact of this decision on their bottom line. The results were surprising for many companies when “hidden costs”, such as freight, delivery risks, and Intellectual Property (IP) losses were calculated, and now there is a strategic shift in direction from offshoring back to building locally.
During this session, the speakers will highlight their experiences from manufacturing and supply chain perspectives. Barb will provide firsthand experience as an established US plastics molder, and Sandeep from that of last mile supply chain management. This seminar will present a comprehensive picture of the realities of offshoring, the hidden costs associated, and reveal why the lowest piece part price does not always equal the lowest total cost of ownership for many businesses.
By attending this presentation, you will learn about:
• Price vs. Costs
• Hidden costs of Offshoring
• “Last Mile” Supply Chain Models
• The right questions to ask when outsourcing
• Total Cost of Ownership
If you are currently engaged in the manufacturing of physical products, and are interested in learning from industry experts how to leverage the latest supply chain trends to be more competitive, then this session is for you.
Barb Roberts, President and CEO, Wright Engineered Plastics:
Ms. Roberts has been President and CEO of Wright Engineered Plastics, Inc. for 14 years. Wright provides injection molding and contract manufacturing services to medical, telecommunications and industrial equipment OEMs. Ms. Roberts is also Treasurer of Engineers without Borders, past President of the Silicon Valley Engineering Council, past President of the Society of Plastic Engineers, and past President of the Society of Manufacturing Engineers. She mentors Stanford students by participating in Stanford’s Product Realization Lab.
Sandeep Duggal, CEO, Extron:
Mr. Duggal has served as the CEO of Extron since 2000. Extron’s supply chain solutions are designed to improve flexibility and reduce risks for high technology OEM’s. He holds an undergraduate degree in Mechanical Engineering from the University of Michigan at Ann Arbor, a graduate degree in Industrial Engineering/Engineering Management from Stanford University, and an MBA with distinction from The Harvard Business School, Harvard University.
Mark Jann, President of Jann Consulting:
Jann has served as the Sr. Supply Chain Manager for Amazon's Kindle product, where he developed the supply chain and support a revenue ramp from $10 to $400 million. He has been responsible for management of global oursourcing projects from Fortune 500 companies to early stage start ups including Ario Data Networks, Market Fusion, IBM Corporation, Sanmina, Quantum, and Maxtor corporations. Mr. Jann is a member of APICS, Procurement Professionals Business Network, and Supply Chain Network (SCN), and is a specialist in Asian sourcing.
Sr. Operations Management, Supply Chain Managers, Operations/Manufacturing Engineers and Management, and all interested in learning more about the outsourcing of products.
When & Where
Product Realization Group
Product Realization Group is a consortium of Silicon Valley companies that can take your product from idea to scale.
One source for prototype design and build, cost-reducing insights, and scalable manufacturing. Go to market faster, for less money than do-it-yourself. Get a smoother launch and lower costs by 20%. Our 500 clients include medical device, consumer electronic, and high-technology start ups, SMBs, and large companies such as GoPro, EMC, and Intuitive Surgical.