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.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- How small town businesses can market to remote workers and turn them into new customers - May 15, 2023
- Survey of Rural Challenges 2023 results - May 8, 2023
- Rural and small town ideas from the OU Placemaking Conference IQC 2023 - April 5, 2023
- Rural tourism trends say small towns are still cool - March 27, 2023
- Move Your Money and Bank Local - March 22, 2023
- Using a building as a warehouse or storage in a small town? Put up a sign - March 13, 2023
- How to get customers in the door of small town and rural retail stores - February 19, 2023
- Check your small business website for outdated pandemic changes, missing info - January 31, 2023
- Rural Tourism Trend: electric vehicle chargers can drive visitors - January 15, 2023
- 2023 trends for rural and small town businesses - December 26, 2022
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!