STATE – The Northeastern Pennsylvania Industrial Resource Center (NPIRC) is spearheading a statewide initiative to bring back manufacturing jobs to Pennsylvania.
Through collaboration with the commonwealth's Partners for Regional Economic Performance, Workforce Investment Boards, and other industrial resource centers across Pennsylvania, NEPIRC will assist companies in more accurately assessing their total cost of offshore production or foreign sourcing of supply chain inputs and help them to find a Pennsylvania-based supply chain alternative.
NEPIRC rcently kicked off the effort by hosting a seminar featuring Harry Moser, president of The Reshoring Initiative, a national group that supports domestic manufacturing.
Moser’s presentation noted that most companies make sourcing decisions based on catalog or purchase price alone, resulting in a 20 to 30 percent understatement of actual landed costs.
Moser’s firm, on the other hand, advocates a model that considers over 30 different cost factors, many of which are currently overlooked by manufacturing buyers.
When this model is used, businesses often discover that it is more cost effective to bring back work to Pennsylvania or buy from Pennsylvania-based suppliers when compared to overseas production or purchases.
NEPIRC sponsored the presentation as part of its Make It In America Challenge Grant program, which is funded in part by the U.S. Department of Commerce.
“Enthusiasm for American-made products and the reshoring of manufacturing capacity back to the United States has never been higher, and our Make It In America Challenge Grant initiative will put Pennsylvania at the forefront of that conversation,” said Eric Joseph Esoda, NEPIRC’s executive director. “Our goal here is to create Pennsylvania-based supply chains for currently outsourced products sold to larger manufacturers, and I am confident of our success."
The seminar was intended to educate NEPIRC’s partners throughout Pennsylvania on the initiative. Next steps will be to create a website to engage and assist manufacturers in their reshoring efforts, make them aware of reshoring opportunities, facilitate buyer/supplier connections and ultimately reshore products, bringing back jobs to Pennsylvania and the U.S.
Luzerne County-based NEPIRC is a private, not-for-profit corporation that helps manufacturers throughout northeastern Pennsylvania and northern tier counties become more profitable. NEPIRC’s services are geared towards assisting manufacturers increase sales, reduce costs, improve efficiencies and spur job creation.
The organization is chartered by Pennsylvania’s Industrial Resource Center legislation and the National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP) program, a network of more than 60 MEP centers across the U.S.
For more information visit www.nepirc.com or call 570-819-8966.