By now it’s a familiar theme, but the switch towards the ‘reshoring’ of manufacturing continues to gather pace, even though the practical barriers and financial hurdles linked to supply chain rationalisation have probably been underestimated. References to ‘onshoring’ and ‘reshoring’ have increased in earnings calls. But even if we assume that the ‘just in time’ mantra is […]

Three years ago, the way supply chains operated around the globe changed dramatically as the Covid-19 pandemic shut down factories, halted production and created shipping and logistical logjams that would persist for nearly two years. In the time since, many of those pandemic-related issues have resolved, but geopolitical events such as the Russian invasion of […]

Image Credit: wellphoto / Shutterstock.com A recent survey conducted by Xometry, in partnership with Forbes and John Zogby Strategies, found that 48% of CEOs have already reshored some or all their facilities, which is a substantial increase from last quarter’s 35%. While various industries can benefit from reshoring, it can be challenging to know where to start. In […]

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. Reshoring describes the process of bringing production and manufacturing “back home” or returning it to […]