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 throughout America. Reshoring often involves…
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 a year October manufacturing output…
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 international trade teams to evaluate…
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, those factors have prompted U.S.…
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 cost, China is no longer…
For decades, low-cost supply with minimal inventory were the key tenets of supply chain management. Lean manufacturing and just-in-time delivery were how companies across the globe achieved cost control and production efficiency. For many major companies, China has been the…
Tesla’s announcement of a new, 2,100-acre gigafactory in Texas has rightly generated a great deal of excitement. In this time of economic crisis, news of 5,000 new jobs assembling the world’s most celebrated electric vehicle is an important step toward strengthening domestic…