Huffington Post: An American Industrial Renaissance?

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An American Industrial Renaissance?

In the sorting out of the wreckage after Japan's earthquake
and tsunami, many Americans have begun paying more attention to a phrase they had barely known — "supply chains." The outsourcing of so much production, combined with lean and supposedly more efficient "just in time" inventories, leaves companies vulnerable
to supply disruptions half a world away. Does it really make sense for China to import coal and iron ore from Australia, so that it can fabricate giant wind turbines and send them by ship to the United States? Labor cost savings no longer justify the epidemic
of outsourcing, given all of the vulnerabilities that it entails.

 

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Author: stevekuusisto

Poet, Essayist, Blogger, Journalist, Memoirist, Disability Rights Advocate, Public Speaker, Professor, Syracuse University

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