production and services work is returning to the u.s
DESCRIPTION
Our Realities of Reshoring survey shows more than one-third of U.S. businesses will move goods and services work back to the U.S. over the next 12 months. We've put together some of the most interesting procurement findings in the infographic. - See more at: http://gt-us.co/1wuFnNkTRANSCRIPT
37%of overseas procurementlikely to be brought backto the United States innext 12 months
Approximately 16% of all procurement currently sourced overseas*
2013 Realities of Reshoring SurveyInsights from senior executives across the United States
40% of corporateprocurement spend
15% of corporateprocurement spend
8% of corporateprocurement spend
21% ofmaterialsourcedoverseas
9% ofservices (not IT)sourcedoverseas
8% ofIT services sourcedoverseas
More than 5 percent of overall U.S. procurement spendcould be headed back to the United States within a year
likely or very likelyto come back to U.S.
likely or very likelyto come back to U.S.
likely or very likelyto come back to U.S.
* does not include ”Other“ procurement costs.
MATERIAL
SERVICES (not IT)
IT SERVICES
34%
35%
42%
22% of corporateprocurement spend
24% ofcomponents/productssourcedoverseaslikely or very likely
to come back to U.S.
COMPONENTS/PRODUCTS
37%