date:Sep 26, 2013
ergy costs, shipping and soft costs such as managing inventory, he said.
Labor costs are typically about 20 to 25 percent of the total cost of a product. For categories like clothing, that require more manual work, production is likely to stay in countries with lower wages, Sirkin said.
Manufacturing experts largely welcome Wal-Mart's commitment to purchase U.S. goods, though the size of its pledge has not impressed them.
It's not an aggressive target, said Thomas Duesterberg, executive direc