Why do People Shift Manufacturing?
“Made In” was the start of the Over-Seas Manufacturing Boom as labor in developed countries became the main reason behind heightened costs.
This tactic of MNC’s soon spiraled into a chaotic scene for labor in Developing Countries with the exploitation of human rights and children resulted in many such countries banning such practices.
1. Cost-Cutting Measures.
2. Huge Production Measures.
3. To Manufacture Product which cost far less locally.
4. To Penetrate New Markets.
There are some other reasons also like making full use of Relaxations from the business-friendly environment of Developing Economies:
1. Tax Exemptions.
2. Co-operative Governments.
3. Relaxed policies.
All such reason compels businesses to take operations to Foreign Countries. Further discussion would be in “BPO, Is it a Wise Decision.”
Now there are major issues when your manufacturer is overseas, mostly because people go to the ever notorious Chinese or devious Indians.
Both comprise a large of the BPO market yet are infamous Scams.
More will be discussed regarding Over-seas Business Manufacturing Sites in “Top Ethical Manufacturing Site in Developing Countries