Global manufacturing and supply chains were severely disrupted by the COVID-19 global pandemic, forcing companies to adapt and plan for a new business reality. The 2021 State of Manufacturing Report from Fictiv reveals an industry that is quickly rebounding with investments in…
With sustainability spurring innovation, the market is estimated to reach $558.71 billion in 2021, up from $533.04 billion in 2020, with a CAGR of 4.8% SANTA CLARA, Calif., May 18, 2021 /CNW/ -- Frost & Sullivan's recent analysis, Industry Convergence to Transform the Global Plastics and…
n the wee hours of Easter morning 2020 — as the pandemic raged and most people were sleeping — there was a quiet but important handoff happening in Ohio. About 2 a.m. a group of about 20 companies turned over…
Last week I had an opportunity to visit the new US-Mexico commercial border crossing at Otay Mesa, CA – about 20 miles east of the San Diego/Tijuana border crossing. The Otay Mesa crossing was built for trucks and rail crossings…
The COVID-19 pandemic has brought the global interdependency of pharmaceutical supply chains into sharp focus, exposing weak links & re-igniting discussions around the value of reshoring production. The U.S. FDA reports 72% of facilities manufacturing APIs for American drugs are…
![Projecting The “What Ifs” Of Supply Chain Management [Q&A]](https://reshoringinstitute.org/wp-content/uploads/2021/05/750px.png)
Visibility. Traceability. Data management. Supplier relations. These used to be the biggest challenges facing supply chain professionals. However, over the last 15 months, uncontrollable factors like COVID-19 have merged with technological evolutions to create a number of new supply chain…
American manufacturing lost ground to low-cost Asian countries in 2020, according to consulting firm Kearney’s annual reshoring index report. The index tracks whether the US is reshoring manufacturing jobs from China and other low-cost countries in Asia. Hit by Covid…
A group of former parliamentarians are forming a new non-partisan advocacy organization called Reshoring Canada, which is designed to promote a more modern and secure supply chain. “The pandemic has exposed risk in our supply chains, a place where we…
The majority of Americans want to "bring manufacturing back" to the U.S. The problem? Many of these same people do not want their children to work in manufacturing because of outdated beliefs about what a machine shop looks like. …
The current national controversy over the need for a mandatory high minimum wage is but a symptom of a much larger underlying problem: the offshoring of American manufacturing capability. Offshoring ruined Spain and Portugal during the 16th century, and it…
Despite popular belief, or what people might think, the Covid pandemic was not the biggest source of disruption for supply chains in 2020, according to the latest Annual Supply Chain Risk Report released this week by supply chain data monitoring, mitigation and…
More than a year into the COVID-19 crisis, the novel coronavirus continues to disrupt our societies, including how the pharmaceutical industry operates; Andrew Badrot, CEO of C2 PHARMA, discusses the ongoing ramifications of the pandemic. In March 2020, the COVID-19…
Before the coronavirus pandemic emerged, it didn’t seem like anything could upend the relentless paradigm of globalization: a global market fed by goods manufactured at lower cost in developing nations, with supply chains spanning several continents and all of it…
Consumers continue to search for USA-made merchandise, as proven by yet another study done on shopper buying behavior. In late 2020, The Reshoring Institute surveyed nearly 500 Americans across the country, asking if they prefer to buy products that are labeled…
Fragile global supply chains have been one of the most important issues exposed by the COVID-19 pandemic and group of former Canadian parliamentarians, including former Ontario Liberal cabinet minister Sandra Pupatello, are launching a non-partisan organization called Reshoring Canada to…
US manufacturing levels continue to trend slowly down, but various forces may actually turn that around. That according to writer Rana Foroohar of the UK’s Financial Times, writing weekend on this critical topic. She says while manufacturing has fallen to just 11%…
For the third straight month, TMX continues to climb. It’s encouraging data, confirming U.S. manufacturing activity is on the road to recovery. The April 2021 TMX is up 1.24% in tandem with the SPX rising 4.24%. TMX Growth Is Slowing Although TMX…
Through interviews with manufacturing leaders and economists, Episode 3 of “Made in the USA” explores the benefits and challenges of keeping manufacturing production within the United States — especially after major events such as 9-11 or the onset of a…
A new survey indicates U.S. supply chains expect to handle surging demand as the economy rebounds from COVID-19. Third-party logistics (3PL) provider GlobalTranz recently commissioned Edelman Data & Intelligence to survey 200 U.S.-based supply chain leaders and managers about their…
Thomas J. Madison Jr. is an infrastructure consultant and former federal highway administrator. He wrote this column for InsideSources.com. Infrastructure is the next marquis item on President Joe Biden’s to-do list, and the scope of his investment plan, like his…