When cheap is not so cheap

The Economist attempts to rethink “low-cost” and “high-cost” manufacturing locations with the publication of this article. In terms of manufacturing and when managers are choosing where to locate a new factory, their decision depends on many things – with cost being one important factor. And with currencies constantly moving too, yesterday’s low-cost location may turn out to be tomorrow’s money-pit…

To read more, click here.

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