“…Supply chain managers have long postulated that lower labor costs abroad, especially in China, have been enough reason to justify outsourcing. But improvements in automation in the last few years mean that labor costs are becoming a much smaller percentage of the overall cost of most products….”
Read more: Made in USA (Again): Manufacturing Is Coming Home | Inc.com.
[Editor's comment: And when security and intellectual property issues are factored in, individual companies and our entire nation has come out far behind due to outsourcing.]