Nov 30, 2012
Has outsourcing become outdated?
For decades, the story of American manufacturing has been all about outsourcing. Lately though, some new terminology has come into vogue — 'insourcing.'
by Jeff Horwich
For decades, the story of American manufacturing has been all about offshoring or outsourcing. Lately though, some new terminology has come into vogue — “onshoring” and “insourcing.”
Insourcing refers to when companies move manufacturing production back from overseas. For the cover story of the latest issue of the Atlantic, journalist Charles Fishman set out to document the economics behind the trend. Fishman joins us to discuss why some companies are moving production back home.