Low-Cost Countries Versus Domestic Producers: The case for domestic producers in the motorsports industry

By factorypipe  |  Jul 21, 2020

Although the total-cost-of-ownership (TCO) approach is well known and widely accepted, the original equipment manufacturers’ (OEM’s) drive to reduce bill-of-material (BOM) cost reasonably leads them to investigate sources in low-cost countries (LCCs). The arguments over build it here or build it there are well vetted in books such as The Machine That Changed the World by James P. Womack, et. al.,