The MAS, in partnership with The Manufacturing Foundation, commissioned KMPG to produce the ‘Offshore? Be sure!’ support tool.

Arthur said:"Cheaper labour rates may make offshoring an attractive option but it is not the only factor – there is much more to consider. The decision to look offshore for opportunities to maintain competitiveness is complex.“

The offshore decision-making toolkit comprises two books - a Workbook and a Resource book providing background information, statistics and guidance. The toolkit is delivered by trained MAS specialists who will provide expert assistance to guide companies through the various sections. The toolkit also includes a ‘calculator’, whereby the company concerned can use a detailed spreadsheet that allows them to enter all their current figures, then calculate the estimated ‘total’ cost of offshoring.

Arthur added: “Offshoring is continuing to pick up speed: the reasons for this are market consolidation, attractive growth markets in Eastern Europe and Asia as well as cost pressures. However, the success of offshoring is entirely dependent on a clear strategy and a decision making process that takes into account the whole value chain and not just wage costs.

“There are great opportunities presented by offshoring projects, but threats must also be considered and companies need to recognise that there is no ‘one-size-fits-all’ solution. This is where the toolkit and our specialists can add real value.”

Find out more about ‘Off Shore? Be Sure!’ from the South West MAS helpline, Tel. 0845 608 3838.