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What's the Truth About Reshoring?

Posted by Paul Tate on Dec 16, 2014

104708924_Global_Network200.jpgMuch has been said and written over the last few years about the importance of the so-called reshoring trend – returning manufacturing operations back to domestic sites rather than offshoring to Asia and other overseas locations – as a way to ensure the future health of Western manufacturing sectors, boost local employment opportunities, and accelerate economic growth.

Indeed, many supporters claim that reshoring is not only gaining momentum, it’s also one of the most fundamental industrial trends of the early 21st century, and partly the reason for recent U.S. manufacturing industry expansion and growth.

But what’s the truth? Is reshoring really changing global industry dynamics? What types of manufacturers are actually bringing production home? Why? And is this trend really having a significant impact on U.S. manufacturing fortunes?

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PTate
What’s the Truth About Reshoring?  in Redefining the Supply Chain

Much has been said and written over the last few years about the importance of the so-called reshoring trend – returning manufacturing operations back to domestic sites rather than offshoring to Asia and other overseas locations – as a way to ensure the future health of Western manufacturing sectors, boost local employment opportunities, and accelerate economic growth. But what’s the truth? Is reshoring really changing global industry dynamics? What types of manufacturers are actually bringing production home? Why? And is this trend really having a significant impact on U.S. manufacturing fortunes? Read More →

Posted by Paul Tate on Dec 16, 2014
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Discussions

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