Reshoring: The Impact for Logistics Providers – Frank Lange

Labor-Costs-in-Manufacturing-289x300

Interest in reshoring and near-shoring has more than tripled since 2010 as manufacturers scramble to adapt to shifting demand and supply patterns across the globe, according to a recent survey by the Boston Consulting Group. With China’s cost advantage eroding in many industrial sectors, many companies are reconsidering their initial business case for offshoring their manufacturing and are taking a hard look at evolving demand markets, supplier and R&D platforms and technology solutions which are driving significant changes in their supply chains. The potential for shifting manufacturing back to the US also presents tremendous opportunities, once thought to be forever lost, for logistics providers seeking growth in a slowly recovering economy.

K