Cost Analysis of Wire Harness Manufacturing: In-House vs. Sourcing from China
In the automotive and electronics industries, wire harnesses play a crucial role in the assembly of virtually every product. The decision between manufacturing these essential components in-house or outsourcing to suppliers, particularly those in China, involves a complex analysis of costs, benefits, and strategic implications. This article dives into the cost analysis of wire harness manufacturing, comparing in-house production with sourcing from China, to help businesses make informed decisions.