The Washington Post reported that over the last 10 years the United States lost more than a quarter of its manufacturing jobs. Although we are all aware it’s cheaper to manufacture products overseas, Washington Post reporter Peter Whoriskey explains that Asia is producing an ever-increasing workforce armed with engineering doctorates. China and other Asian countries are also flowing millions of dollars into high tech research in order to compete with the tech industry in the United States. For example, over the last 10 years China doubled the number of engineering doctorates awarded.
In most cases companies are attracted to offshore manufacturing because of the tax breaks offered by the host. Also, some home countries do not levy taxes on profits made from overseas manufacturing as long as the profit does not come into the country. This is the other intoxicating factor that makes many companies to invest overseas so as to avoid this taxation.
The report estimates 2016-2021 market resent trends for Medical Robot industry. Our aim provides deep and accurate analysis about the different topics related to Medical Robot industry. The report consists of detailed analysis of upstream and downstream demand, market dynamics, quantitative forecasting and forward-looking insight of the market.In the end, the report use stratified research methodology for a new project of Medical Robot Industry. The reports strive to serve the overall research requirement of clients for 2011-2021 global and Chinese Medical Robot industry. It is covering all important parameters to sustain in a competitive edge.
There are a number of companies that provide online automated forex robots for forex dealers to trade in the forex markets. While the concept of a forex robot isn’t new, it wasn’t widely available till now. The forex robots were only available to the big global banks and the big Wall Street brokers. The forex software are based on the proprietary algorithms used by the companies. This ensures that the trades are executed on the behalf of the customers 24 hours a day round the week. Usually most automated forex software’s have these features.
Even more critical, other costs like training costs especially in countries where there is inadequate skilled manpower will force the manufacture to invest in staff training and this will make offshore manufacturing unviable. Also because of competition and the supposedly cheaper labor may make it harder for the foreign investor to retain the workers he has invested heavily to train. This may result in a higher turnover of employees hence straining the operating finances.