This information-packed webinar is designed to help business leaders understand the principles of rationalization and how to use them in deciding the optimum worldwide locations for their manufacturing operations. Rationalization means analyzing more than just cheap labor. It means tracking currency and expected trends and having the flexibility to spread risk by market sector versus a one-size-fits-all investment in a single market. It used to be that China received the designation of “manufacturing location of the world.” Now China is viewed more rationally, as its own market, and there are now more rational and well thought out options, including, an increase of American manufacturers moving back to the U.S.
At the conclusion of this training, participants will be able to:
- List the major considerations for identifying and deciding on their manufacturing footprint
- Discuss projected trends in globalization that impact their manufacturing strategy
- Define the impact of currency risk and business and cultural differences on cross-border business
Presenters: Jerry Jonckheere, international tax and Gabriela Rodil of Plante Moran’s global services team.