Foreign Trade Zone (FTZ) Benefits There are many foreign trade zone benefits that we will highlight, but lets begin with the definition. Foreign Trade Zones are secure areas under U.S. Customs and Border Protection supervision that are generally considered outside the commerce of the United States. Located in or near ports of entry, they are…Read more
About: John Miller
John Miller is professional business developer who works at JBE Inc., a 35 year old, family-owned business located in Hartsville, SC. He consults with numerous Fortune 500 companies on their out-sourcing needs and is responsible for contract development, relationship management and customer service. John and his wife reside in Camden, South Carolina and are both career professionals who also volunteer exhaustively in their local area and throughout South Carolina.
Recent Posts by John Miller
Reshoring is a good thing and is often less expensive than manufacturing overseas. Reshoring is the act of reintroducing domestic manufacturing to a country. It is the reverse process of offshoring, where manufacturing is moved to another country where labor is cheaper. Manufacturing Overseas includes Hidden Fees When companies decide to offshore production, they often simply…Read more
The Truth about Reducing Factory Overhead Costs & Burden Factory overhead costs otherwise known as factory burden are mainly indirect labor and other indirect costs such as quality, management, material sourcing, and cost of the operating space, i.e. electricity, hvac, etc. In the world of manufacturing, high overhead has a huge effect on profit margin…Read more
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