Articles
Reshoring
The Risks of SMB Nearshoring
Small and mid-size businesses (SMBs) are embracing nearshoring to help address supplier challenges such as unreliable delivery time frames and inconsistent product quality. But switching to nearby suppliers is easier said than done.
Read MoreWhat to Consider Before You Shift
One trend driving the growth in manufacturing jobs has been reshoring–the practice of bringing manufacturing back to the United States. Reshoring activities were estimated to create more than 225,000 jobs in 2022, according to a Reshoring Initiative report.
Read MoreReshoring Moves Beyond the Drawing Table
Reshoring and nearshoring have finally matured into commercial realities, finds Kearney’s 10th annual Reshoring Index Report. Reshoring initiatives have become so successful that companies that took a wait-and-see approach to locating manufacturing operations in the past are now scrambling to find facilities in Mexico and the United States. But the road to reshoring is harder […]
Read MoreJust In Time to Near-Source or Nearly Time to In-Source?
As the global economy grows more complex, the concepts of in-sourcing and near-sourcing are receiving increased attention from many supply chain professionals.
Read MoreOvercoming Global Trade Barriers
Lockdowns, land wars, and rising costs had companies scrambling to keep sourcing intact in 2022. Is reshoring the key to unlocking international trade challenges?
Read MoreGet Closer to the Action With Onshoring
Supply chains are the lifeline of globalization. In the years leading up to the pandemic, western companies routinely outsourced production to suppliers in lower-cost economies around the world. However, the seemingly never-ending string of supply chain disruptions over the past two years highlighted the fragility of complex and dispersed supply chains.
Read MoreFive Trends That Will Shape Logistics in 2023
Amidst concern over the economy and ongoing geopolitical issues, 2023 promises to pose challenges to managing logistics and supply chain operations. To help companies prepare for the new year, Anaid Chacón, head of product for Nuvocargo, a digital platform focused on U.S.-Mexico cross-border trade, identifies five trends to be aware of.
Read MoreGOOD QUESTION: Is supply chain globalization in retreat? Why or why not?
Industry insiders reveal if there has been a pullback on supply chain globalization amidst volatility and disruption.
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