Rural sourcing is like outsourcing, except to rural areas with lower costs of doing business. It’s like off-shoring, only it’s on-shoring.
We’ve talked about it before, most recently in “Rural sourcing can replace outsourcing.”
Two more rural outsourcing firms to watch:
- Saturn Systems celebrated 20 years in 2010.
- Rural America OnShore Outsourcing has a collection of whitepapers, webinars and other educational materials about onshoring.
Watch for this trend to accelerate in 2011, pushed by global supply chain problems.
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
Going to see lots more of this as costs of doing business in Asia goes up and dollar/euro moves in the ‘wrong’ direction.
Ivan
Ivan, I have to agree that this is a trend to watch.
If Rural Outsourcing is the trend, then the asian outsource company has to rethink their strategy and execution plan.
Mike, I read an article that Barry Moltz shared with me (paper copy, so no link). A venture capitalist (or the local equivalent) in China said he would no longer invest in export firms!