According to a recent National Association of Manufacturers (NAM) survey, the vast majority (88%) expect sales, production and prices to increase next year despite the supply challenges. In working with clients across multiple industries such as biotech, building and construction products, and food and beverage, there is no doubt [...]
According to a survey by FTI Consulting, 78% of survey respondents said they'd be willing to pay more for the products if the company that made them moved production out of China. Certainly, it depends on how much more, but we've seen a transition in the commentary of the value of reshoring. [...]
In thinking about the surge to local for an interview for an SAP Insights article "For Resilient Supply Chains, Think Local", there is no doubt the pandemic has pushed manufacturers to re-think their extended supply chains. When they suddenly couldn't support key customer needs, manufacturers [...]
Made in China or made in the U.S.A.? There is a lot of talk about this critical, hot topic. Said another way, will reshoring increase? According to executive surveys, according to clients, according to top supply chain consultants, the answer is undoubtedly trending to MADE IN THE U.S.A. A [...]
According to the report, there has been a resurgence of manufacturing in the U.S. the last few years. With a continued focus on innovation, education and workforce development, we can keep this trend going.
Insights on leveraging cross-border trade for business growth and wider market reach
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.
Samsung's $380 million investment in new U.S. manufacturing highlights the trend of reshoring for better customer and market alignment
A recent survey highlights manufacturing as crucial for American prosperity, calling for strategic investments and skill enhancements.
Explore the advantages of outsourcing, insourcing, and nearsourcing to meet strategic goals, control costs, and enhance customer satisfaction.
