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How to Compete: The Real Cost of Outsourcing Date: Nov. 16, 2004

A free online seminar

Manufacturers often turn to overseas shops for lower-cost molds. Looking at the bigger picture, however, reveals that this move may actually increase their cost.

Rather than complaining about overseas competition, you can educate your customers on the real cost of outsourcing!

This online seminar with Steve DeHoff will help you understand the importance of total cost analysis and how to articulate it to your customers in an educated manner.

About Steve DeHoff

Steve DeHoff, currently a consultant for Stress Engineering Services (SES), was a purchasing and engineering manager with responsibility for plastic components for most of his 18 year career at Procter & Gamble. During that time, DeHoff developed P&G's strategy for injection molding, wrote the core of P&G's plastic development procedures, and was a leader in the use of predictive computer simulations as a development method. These efforts resulted in faster market cycles, better performing products, and savings approaching $1B.

DeHoff has been involved in the analysis of numerous sourcing decisions, both at P&G and later for SES clients, helping these clients correctly account for the true cost of outsourced manufacturing. He is also the author of numerous articles on the topic of analyzing overseas competition and the true cost of outsourcing. Among them is the popular article "Mold Buyers Need the Big Picture Before Purchasing Software", featured in the July issue of Tooling Times.