Rural sourcing is like outsourcing, except to rural areas with lower costs of doing business. It’s like off-shoring, only it’s on-shoring.
We’ve talked about it before, most recently in “Rural sourcing can replace outsourcing.”
Two more rural outsourcing firms to watch:
- Saturn Systems celebrated 20 years in 2010.
- Rural America OnShore Outsourcing has a collection of whitepapers, webinars and other educational materials about onshoring.
Watch for this trend to accelerate in 2011, pushed by global supply chain problems.
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Going to see lots more of this as costs of doing business in Asia goes up and dollar/euro moves in the ‘wrong’ direction.
Ivan
Ivan, I have to agree that this is a trend to watch.
If Rural Outsourcing is the trend, then the asian outsource company has to rethink their strategy and execution plan.
Mike, I read an article that Barry Moltz shared with me (paper copy, so no link). A venture capitalist (or the local equivalent) in China said he would no longer invest in export firms!