Reshoring

Hope for a “renaissance” of U.S. manufacturing will come through new policy making informed by accurate data, not politically convenient distortions.

High-tech companies are making strategic shifts to their supply chain models to enable greater customer-centricity, meet changing consumer demand patterns and capture new growth opportunities. Findings come from the 4th annual global UPS Change in the (Supply) Chain survey, conducted by IDC Manufacturing Insights.

Grant Thornton survey finds U.S. companies will bring production, customer service and IT infrastructure back to the United States.

To rebuild a strong America, we need to bring our manufacturing underpinnings back. To do so, consider all aspects of the decision and think strategically about the future.

Reshoring is important for rebuilding the US economy and has become appropriate for making products here that will be sold here. Some products have customers only in the US or Western Europe, so why not produce here?

Re-shoring activities are underway, that much is for sure. But is this part of a larger trend that brings the fabulous news that the U.S. economy is anxiously awaiting? Or is re-shoring just a fad?

Whether looking to create or grow innovative Private Label offerings, retailers face the imperative to enhance their sourcing capabilities.

Driven by the pressure to control operating costs and focus on core competencies, the past few decades have witnessed a growing trend toward offshore manufacturing as firms move their production activities from developed countries to emerging economies.

Many people attribute the reshoring trend to the inflating manufacturing and logistics costs in low cost regions such as Asia. As the cost advantage of offshoring diminishes, will firms eventually all move back to the US? Not necessarily.