When cheap is not so cheap

When cheap is not so cheap
September 11, 2014 Economist.com
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.

Image source

Listen to our free monthly podcast!

Listen
SUBSCRIBE TO OUR NEWSLETTER