Company detailsCompany name: MonbentoCompany country: FranceNumber of employees: 20Sector: C - ManufacturingSector detail: C22 - Manufacture of rubber and plastic productsSub-sectors: C22.21 - Manufacture of plastic plates, sheets, tubes and profiles Reshoring detailsReshoring announcement date: 05/10/2017Starting implementation date: January, 2017Reshored to: FranceLocation of affected unit(s): Clermont-Ferrand Location code: FRK14Reshored business function: ProductionReshoring governance mode: Third party (external suppliers)Reasons for reshoring: Change in total costs of sourcingCase narrative: Monbento is a French company established in 2006, and producing plastic lunch boxes. Since 2009, the company decided to outsource production to Chinese suppliers since the low labor cost. However, the cost gap with France has been reduced over the years; therefore, in 2017 the company decided to relocalize production in France, and establish a contract manufacturing agreement with a supplier in Clermont-Ferrand. After the relocation, the final price increased by only 10%. Sources: Usine nouvelle 05/10/2017 Sources link: https://www.usinenouvelle.com/article/monbento-relocalise-en-partie-en-f... Offshoring detailsOffshoring location: ChinaOffshored business function: ProductionOffshoring governance mode: Third party (external suppliers)Reason for offshoring: Costs reduction
