U.S. drive to build export growth is just first step, says Virtualized Logistics

News Release Virtualized Logistics ( UK - Corporate head office ) August 2, 2012

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31st
July
2012
U.S. drive to build export growth is just first step, says
Virtualized Logistics
Is the decline of U.S. manufacturing being reversed after a decade
of mass exodus to
countries with cheaper labor? Can U.S. businesses survive by using
local production for the
domestic market?
More importantly, can U.S. businesses grow by actually exporting
their domesticallyproduced
goods, especially to the lesser-developed countries with increased
consumer
consumption?
These topics are addressed by Tony Leach, Director of Virtualized
Logistics in his white
paper ‘Remade in the U.S. – The National Export
Initiative’
http://www.virtualizedlogistics.com/en-gb/knowledge-center/white-papers/us-national-exportinitiative-
white-paper/
“We design supply chain solutions for global companies and have
very successfully reduced
both costs and time to market for companies sourcing from, for
instance, China. But we are
now seeing more companies reversing the flows of products which
suggest imports of
Western goods into China are becoming increasing important as the
market for US goods
increases.”
Barack Obama announced the North American National Export
Initiative in his 2010 State of
the Union address, promising to double U.S. exports in five
years.
The initiative hoped to achieve this aim via improving trade
advocacy and export promotion
efforts, increasing access to credit for small to medium-sized
businesses and removing
barriers to the sale of US goods and services overseas.
With China’s middle class expected to number 300 million by the
end of this year (almost
equal to the entire U.S. population) the potential for US exports
is huge.
“When we talk to companies about their supply chain needs, we
spend time making sure we
understand exactly what drives the business, this often includes
growth into new markets,”
says Mr. Leach. “The recommendations we make often support
business to make radical
changes to penetrate new markets and many businesses find that
intimidating at first.
“But it is obvious that in these difficult economic times that the
greater risk may be not to
change – whether that is changing place of production, target
markets or the way the supply
chain is organised.”
The National Export Initiative is just one of very many policies
that the government and the
business community needs to promote in order to help drive that change, says
Mr Leach.</DIV></BODY></HTML>