Here’s what ZeeVee’s president Bob Michaels had to say:
“Production flexibility is restricted and dictated by contract with an overseas supplier as you effectively buy time in a production facility. Local manufacturing, however, provides us with the flexibility to substitute product almost on the fly if demand for a particular product increases or decreases.
Supply chain integrity is more readily monitored. This eliminates the potential for substitution of unspecified parts and processes. With products built offshore, you just don’t develop the relationships with key suppliers.
One area where folks don’t pay enough attention is cash flow. The rules for offshore manufacturing have changed, and most subcons and assembly facilities require hefty payments in advance of production with the majority of monies owed (sometimes all) paid prior to shipment.“Return To: