How Outsourcing Is Impacting the US Marketing Industry

We need to look at business decisions in a bigger picture in order to give a good answer to this question. It used to be that companies said they were there for the customer. A few decades ago, people started to think that businesses are there for the owners. This changed the way they felt about their employees and the communities they serve in a big way. Businesses today are mostly focused on making quick money, which is what drives the stock market.Opening up new markets for multinational businesses is what drives them to outsource manufacturing. A second reason is that the cost of labor and materials is cheaper.Extra lead times, transportation costs, and risks to the supply line are all things that make outsourcing less useful.

Competition is what business is all about

A business may care about its employees, but it also has to keep an eye on other businesses around the world that are competing with it. It also has to look at both its running and overhead costs. If they don't pay attention to this competition, the company will lose money, market share, and maybe even go out of business.But moving isn't the main reason why people are losing their jobs. It's automation. For decades, I've been in the business of automating supply routes and production lines. Whether you like it or not, technology doesn't need benefits, does not work shifts, does not go on strike, and does not have long-term debts. Another important factor is how often the work is done. There is a lot of variation in the quality of manual work. Robotics and computer systems are very safe, reliable, and consistent.This is not a problem in the United States. When automation and AI come together, they will be a huge threat to people all over the world. Because of these two things, many high-skilled jobs and many low-skilled jobs will be lost.Automation and AI will be looked at by businesses in the same way that they look at hiring. They have to do it or not make it.

In the last fifty years, a clear picture has been made

Technology will take over many jobs that require a lot of physical work. The normal worker and how it affects them will not be important to companies on their own.Germany has worked hard to create a mystique, an air of industrial greatness that they put on every BMW or Audi that leaves their factories. But that's just people blowing smoke up our combined behinds. If we are being honest, the Euro is the main reason why the German industrial sector is still so strong.Countries like Greece and Spain use the same currency as countries like Germany. This means that from the point of view of Greece and Spain, their currencies are way too valuable, which makes their goods less competitive. On the other hand, the Euro is terribly undervalued from a German point of view. This makes the economy more competitive than it would be if the German and Spanish currencies weren't the same.In a way, the Eurozone has turned into a fixed market for Germany, where German companies have pushed out competitors. Because workers from these countries can freely move to countries that pay more, there is no reason to send jobs to countries that are cheaper because workers from those countries can easily move to countries that pay more.

Germany had also done a lot of good things

These countries never had to deal with bad working relationships, at least not as much as places like the UK did. Also, the country doesn't like taking risks, so financial services was never going to be more important than industry.To make Germany, you take a manufacturing giant that already exists, add a little weak currency, a fixed market, the freedom to move workers around, and great labor relations.Mostly because Germans have realized that making things in China or East Asia hurts their image for making high-quality goods. The Chinese parts weren't up to German standards, so in the end, the Germans had to lose their main selling point: they were known for making great products. The worst thing that could happen to Germany is that people buy things that won't work in a year or two.Because of this, they've brought back a lot of their production from China to Germany to look at it.In reality, Heuschrecken, or "locusts," have been a much bigger threat to Germany. Those people are mostly from the United States. They buy up good medium-sized German businesses for a low price and then steal from them by selling off their tools and other things. A good German company goes out of business, and its employees end up on the streets. The Locusts are completely careless and don't care about Germany at all; they only want to make money quickly. These days I've heard a lot about this in Germany, and I've met highly skilled people who lost a good job because of it.