[afraidfortherepublic]

GE Medical may soon be on that list. They are demanding across-the-board cost reductions from their suppliers plus 75 day terms and are planning to reduce the number of their suppliers by 3/4 in 2004. In the mean time they have shipped all of thier purchasing and most of their accounting functions to India. It's a real problem when there is an error -- takes forever to straighten out. Everybody loses.

[ninenot]

You mean that "75-day" terms turn into 8-month terms? Oh, the shock!!!

Most GE products are already made offshore, with the exception of some refrigerators, lightbulbs, GEMed products, and jet engines.

And most of the COMPONENTS of all GE products are made offshore, period. They force suppliers to offshore production by their purchase methods.

Interesting--I think I know, well, the individual who pulled that trigger at GE.

[ninenot]

BTW: all the Milwaukee Journal articles on China are posted on FR. Do an FR search on my screen-name (by poster) and you'll find them. Lotsa commentaries which are interesting.