Reshoring to emerging Asian markets and the Americas offers competitive advantage The coronavirus pandemic reshaped the attitude of the average consumer. Government-mandated lockdowns and fear of infection forced shoppers to embrace online shopping at previously unforeseen levels. This rocked the supply chain at a time when manufacturing was slowed and part shortages raged, creating a […]

Now is the time to learn lean, Industry 4.0, and supply chain management lessons Shorter supply chains, not these long, global ones; technology adoption; and lean manufacturing principles are keys to reshoring. af_istocker/iStock/Getty Images Plus In my recent book Take Back Manufacturing: An Imperative for Western Economies, I describe how we may soon see a […]

Reshoring declarations are amping up, as more companies look to return operations to the United States from overseas. Corporate reshoring announcements jumped 17% in the fourth quarter compared with the prior quarter and are now tracking nearly 300% higher than the fourth quarter of 2021, according to UBS. Supply chain security and government incentives are […]

Companies are making their supply chains more cost-efficient, resilient and sustainable in an increasingly uncertain world. In brief Over the last couple of decades, many supply chains have become linear global chains, stretched to their limit in pursuit of efficient, mass production with low-cost countries, just-in-time inventory and limited inherent resilience. These models were geared […]