Reshoring Article Library

In recent years, geopolitical and economic trends have been encouraging pharmaceutical drug manufacturers to shift their active pharmaceutical ingredient (API) sourcing and physical manufacturing plants onto domestic soil or near-shore locations. This has been a…

Ever since the ongoing COVID-19 pandemic began to shut down factories and disrupt supply chain operations throughout North America and Europe beginning in March of this year, reshoring has been one of the hottest topics…

NILES, Ohio – Faults in the international supply weaknesses exposed by the coronavirus pandemic could lead reshoring by U.S. companies, a First National Bank economist said Thursday.   At the Youngstown/Warren Regional Chamber’s Economic Forecast Breakfast,…

Rosemary Coates, executive director of The Reshoring Institute, explains why the coronavirus pandemic might finally be the crisis that drives manufacturers to shift production from China back to the U.S. The progress of reshoring in recent…

Our work helping companies reshore manufacturing has increased significantly since the beginning of the trade wars, and now the pandemic. Reshoring is a hot topic in business, discussed in C-level staff meetings and Board meetings…

Our work helping companies reshore manufacturing has increased significantly since the beginning of the trade wars, and now the pandemic. Reshoring is a hot topic in business, discussed in C-level staff meetings and Board meetings…

Confessions of an Industry Millennial As young professionals in a new era of evolving technology and changing practices, millennials are facing challenges that their predecessors never encountered – from establishing a data security plan to…

Hey, everyone. It's Cardiff. This is THE INDICATOR FROM PLANET MONEY. Today is, of course, Election Day. And here on THE INDICATOR, we have already examined the big differences in the economic policy agendas of…

In 2015, I started my high-tech trucking panel company in a garage. I was still in graduate school, getting my MBA from Stanford University, and money was tight. We began making prototypes of our concept:…

The ISM’s indexes for new orders, production, backlog of orders, employment, supplier deliveries, inventories, prices, export and imports all rose compared to their September levels. The new orders index rose 7.7 points to 67.9%, the…

Supply Chain Strategy Trends: COVID-19 is Prompting Executives to Reconsider Resilience “Resiliency” of U.S. Consumers is Good News for Today’s Supply Chain Managers ISM reports October manufacturing out output hits highest level in more than…

From adapting quickly to meet changing market demands, to acting decisively to protect your employees, managing a successful business today means being comfortable with change, uncertainty and ambiguity. For many business owners and managers, their…

The case has never been more vital for new policy that supports a robust manufacturing sector. Though offshore manufacturing, and the low prices that result from it, has been good for consumers, globalization has contributed…

This week’s Thomas Index Report is sponsored by Econo-Pak, an FDA and USDA approved, SQF certified contract packaging services provider. Welcome to the Thomas Index Report for the week of November 2nd. As a quick reminder…

LOS GATOS, Calif., Oct. 30, 2020 /PRNewswire/ -- Americans say they prefer products that are Made in the USA and they are willing to pay up to 20% more for them. The Reshoring Institute recently surveyed nearly 500 Americans across…

In recent months, we’ve watched the world come to a standstill, forcing individuals and businesses to hit pause as the COVID-19 pandemic touches every corner of the economy. Reliance on the global market has forced…

    Companies are rethinking their preferred “shoring” prefix. For years, “offshoring” meant minimizing costs and maximizing profit. Then trade tensions and tariffs heightened supply chain anxieties—which were in turn exacerbated by pandemic disruptions. Combined,…

The supply chain is the backbone of modern business, and it faces some unprecedented changes these days. Supply chain managers have faced an unusually extreme set of challenges amid Covid-19. These difficulties will transform the…

Reshoring, or the reverse trend of offshoring, increased in the last decade but was really put under the microscope with the advent of the pandemic. With many supply chains temporarily disabled due to the global…

Easier said than done: That pretty well describes the task of shifting manufacturing out of China and back to the United States. Still, a number of producers are considering it. From the standpoint of total…