![shift exchange eiu shift exchange eiu](https://docs.microsoft.com/ko-kr/exchange/exchangehybrid/media/itpro_hybrid_2010-2013_outbound_exoviaonprem.png)
Work toward longer-term geographic supply-chain diversification.Providing long-term energy-cost stability – regardless of global price changes
![shift exchange eiu shift exchange eiu](https://image.slidesharecdn.com/160915ranaelkaliouby-151117144304-lva1-app6891/95/slide-5-1024.jpg)
![shift exchange eiu shift exchange eiu](https://s3.amazonaws.com/marstranslation.aws.bucket/default/0001/73/06f0918c16ec36937e002818fe2d1166a402fa39.jpeg)
continues to reap benefits from low-cost energy, with massive North American reserves The productivity-adjusted wage gap continues to shrink as productivity growth lags wage gains.Wage growth continues in traditionally low-cost economies and remains well above the median of.by 10-20 points even after adjusting for exchange rates Previously high-cost manufacturers – such as France, Brazil, Germany, Italy, and Australia –Ĭontinue to lag the U.S.U.S., becoming more favorable on a relative basis In aggregate, however, only two of the top 25 exporters saw their competitiveness tip versus the.Other major exporters – such as China, India, South Korea, and Mexico – saw much smallerĬhanges as a result of less exchange-rate fluctuation.competitiveness decreased by around 6-12 percentage points versus a number of the top tenĮxporters, such as Germany, the Netherlands, Italy, and France Limiting the impact of current volatility – Industrial buyers typically purchase the majority of their natural gas on a longer-term basis, – Manufacturers in all regions have benefited from lower global oil prices Energy-cost changes have been less impactful in shifting relative competitiveness – so far.dollar, in manyĬases reversing a long-term trend of appreciation versus the U.S. All of the top 25 largest global exporters' currencies depreciated versus the U.S.Longer concentrated in a single region or country Significant convergence among regions had occurred from 2004-2014 – competitiveness was no.Rapid changes in wages, labor productivity, energy costs, and exchange rates had drivenĭramatic changes in relative manufacturing-cost structures.Not altered the competitive balance among major export nations Summary: Short-term turbulence in manufacturing costs have The Shifting Economics of Global ManufacturingĪn Analysis of the Changing Cost Competitiveness ofĬopyright©2015byTheBostonConsultingGroup,Inc.Allrightsreserved.