At what point do you buy domestic?
I had a distributor purchasing manager tell me recently that he had moved four screws he was buying offshore back to a domestic manufacturer. He said once his domestic cost was within 8% of his offshore parts it just was not worth it to commit to going overseas. He had to buy more, wait longer and he just did not feel like he had the control he had with a domestic manufacturer.
So, what does anyone feel about this? Any manufacturers seeing parts come back?
So, what does anyone feel about this? Any manufacturers seeing parts come back?
I am eager to see comments from domestic manufacturers regarding any significant "return to domestic" trends they may be experiencing. I have always maintained that "price isn't everything". Quality, dependability and on-time delivery are also vital factors.
Jim Bannister
General Partner
National Industrilal Fastener Show
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