Companies across the nation are predicting a significant shift from offshoring to near-shoring following the COVID-19 pandemic. Will companies shift their strategies toward Mexico? How will others adapt? Specifically, what does this mean for the electronics industry going forward? Join some of the forward thinkers in the electronics [...]
Reshoring was at record levels in 2018! Manufacturers are starting to return as they see the total costs of offshoring combined with the rising costs in China and improved competitiveness of the U.S.
Where are you sourcing from currently? Don't just jump on the new bandwagon of reshoring but you should give your total cost of ownership a second look as well as dig into your customers' expectations and sourcing impacts.
What might seem impossible to us might not be! Do you tend to write off ideas before considering their full value? Perhaps we should take a page from Wisconsin's playbook and look at the big picture, think long-term and mix it up a bit.
New research explores trends in outsourcing, nearshoring, and insourcing to help manufacturers and distributors thrive.
LMA study finds 70% of US manufacturers expect near-sourcing to rise in the next 5 years due to Amazon effect, cost, & communication benefits.
There is a strategic shift towards insourcing. This is how businesses evaluate the insourcing vs outsourcing dilemma for operational excellence.
Samsung's $380 million investment in new U.S. manufacturing highlights the trend of reshoring for better customer and market alignment
Successful manufacturers are re-evaluating their outsourcing/ insourcing/ near-sourcing options. To remain competitive and have any hope of staying ahead of the curve, they are knee-deep in considering the options.
