Sentences with phrase «lower labor costs»

There are many challenges facing us, such as offshore manufacturing with lower labor costs and pricing.

Lower labor costs while improving brand reputation and creating a happier, more engaged workforce.

Meanwhile, business owners still profit more from lower labor costs than they lose from either lower sales or less robust productivity gains.

From assisting with disaster response to chatting with patients, health care volunteers help lower labor costs and fill in service gaps.

This eliminates a portion of the friction for customers and also helps companies lower their labor costs, which then turns into savings for customers.

Remember, lower labor costs contribute to the overall low cost of living.

Low labor costs provide an absolute advantage to some countries.

One district might be in an area with low labor costs, which would make scratch - cooking more feasible, while another might have to pay top dollar for labor.

And more than insulated, they stand to benefit from lower labor costs.

Manufacturing is routinely relocated to take advantage of lower labor costs in different countries, and competition among suppliers to get a contract from a major athletic shoe brand is high.

The upside of lower labor costs in emerging markets is that sooner or later you'll push up wages in those factories (though never enough to give the UAW or IG Metall an advantage) and sell more of your cars and trucks (at deep employee discounts) to your own line workers.

The company said that building factories in the United States was less economically challenging due to high levels of automation — measured as lower labor costs per watt — in its future Series 6 factories.

The company said that building factories in the United States was less economically challenging due to high levels of automation — measured as lower labor costs per watt — in its future Series 6 factories.

Cyclical names and companies with relatively low labor costs may be some of the best bets, according to Goldman's David Kostin.

It is easy to see why a manufacturing firm in Chicago can not increase prices if it has to compete with firms in Mexico, China, India and other countries with dramatically lower labor costs.

«Our foreign competitors are using the same innovations in technology with, in some cases, significantly lower labor costs to undercut U.S. dominance,» the report says.

And globalization certainly has its benefits for U.S. companies — chiefly lower labor costs and greater market access.

Substantially lower labor costs have enabled the company to produce cheaper cameras and counter the Japanese in most foreign markets.

Second, the small size of a typical Wingstop at 1,700 square feet and a singular focus on serving up bold, crispy wings made from fryers means low labor costs, and the potential for juicy profits.

This trend has been accelerating over the last two decades, leading to almost nomadic companies that move their factories from the US to China, then to Thailand, to Vietnam, etc., seeking ever lower labor costs.

From a business perspective, this helps companies become much leaner, removing redundancies from their processes and lowering labor costs simultaneously.

As an example, a new asset is purchased and undepreciated, usually a new asset has cost saving benefits (ie lower labor costs, higher efficiency, etc).

Implemented a teller staffing program resulting in increased efficiencies and lower labor costs by approximately $ 65,000 a month through staffing branches based on projected transaction volume

Because of lower labor costs, however, a good 5.5 hull built overseas, especially in Scandinavia, can be delivered in the U.S. for only $ 10,000.

Cyclical names and companies with relatively low labor costs may be some of the best bets, according to Kostin.

«Firms with low labor costs should be most insulated.»

Assuming comparable capital costs, China has lower energy costs as well as lower labor costs than the U. S.

Under pressure to deliver on campaign promises to revive U.S. industrial jobs, Trump has warned of a 35 % tax on vehicles imported from Mexico where many automakers have taken advantage of the country's lower labor costs.

«Low labor cost firms will continue to outperform as wages rise.»

The majority of the best cities were located in the Midwest and east of the U.S. Carbondale, Illinois, came in second and also has the lowest labor costs with a median annual income of $ 17,764.

Cities across the Midwest made the list of best places overall for starting a business, and several ranked high in categories including cheapest office space and lowest labor costs.

«Firms with low labor costs should be most insulated from accelerating wages, a trend that our economists expect will persist in 2018.»

To drive down labor costs, a company replaces a regulated, protected class of worker (members of a union) with a non-protected worker (by relocating to non-union states or countries with a lower labor cost).

While it has some of the lowest labor costs in the developing world, Bangladesh, with rampant corruption, congested roads and frequent unrest, is a tough place to do business.

As Japanese rivals grabbed business away from them, U.S. electronics companies moved production to countries with lower labor costs.

The shares got a slight boost on Tuesday, rising 1.6 percent to $ 354.25 in extended trade, after the company reported a quarterly profit that more than doubled on stronger sales, fewer giveaways and lower labor costs.

We believe the country's lower labor costs, and rising global fuel prices, will continue to lure international manufacturers to the Latin American nation.

Additionally, CEO Widmar notes the lower labor cost per watt of its Series 6, which reduces the labor arbitrage benefit of building modules in Malaysia or Vietnam.

Home repairs, car repairs... all cost very little, thanks to low labor costs.

The advantage of the buffet style is lower labor costs.

Moreover, no two districts face the same issues — some are small, with lower labor costs and a population that can support a higher price for lunch, and some are huge, comprised of mostly kids on free and reduced price lunch, and in an area where unionized workers can demand more pay.

While the U.S. and other developed nations lose manufacturing to countries with lower labor costs, Germany has managed to keep a high - tech edge through a close partnership between government, academia and industry.

«Members of the Gathering Storm committee,» the report says elsewhere, «have collectively participated in thousands of [corporate] board meetings,» some of them resulting in «the decision made, usually very reluctantly,» to send work — including scientific and technical tasks — to countries with lower labor costs than the United States.

It will relocate to Wuhan in central China to take advantage of low labor costs and strong government backing for solar expansion.

In an effort to increase usage of USPS services and lower labor costs, the Postal Service is placing self - service kiosks in Staples stores.

It's also a very tough market, with strict regulations, loose enforcement (see German - brand diesels), and relatively strong unions that make it hard to move assembly plants to former Soviet satellite countries with lower labor costs.

Lower labor costs and NAFTA make building cars in Mexico an attractive option for automakers, but are those companies about to face the wrath of a new president who has a clear America First agenda?