Tag: offshoring
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Grease Monkeys
Fire it up, because we’re hurtling down a rabbit hole of our own making, faster than a Tijuana donkey on tequila. You think you’re saving a buck by shipping your factory to China, but what you’re really doing is stuffing your golden goose and hoping for mechanically-laid eggs, Shipping your operation overseas is like sucking…
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The Knowledge Archipielago
Manufacturing abroad isn’t just about widgets, it’s about serendipity. You, the rational actor, ship your production line to China for efficiency’s sake. But in this world, you’ve just gambled with the Black Swan. Here’s why: In essence, offshoring might be a Faustian bargain. You gain short-term efficiency, but you risk losing the long-term benefits of serendipitous…