Phoenix Investors Admin

As businesses consider ways to shorten their supply chains and mitigate ongoing disruptions, many have begun to explore the feasibility of bringing production and logistics assets closer to home. For American companies, this goal can be achieved through either nearshoring or reshoring. Nearshoring moves assets from far-off destinations like China to closer countries, such as Mexico. Similarly, reshoring draws down offshored operations and reestablishes them on U.S. soil. But which is better? Keep reading to explore the benefits and drawbacks of nearshoring and reshoring. ... Read More

The supply chain has struggled to overcome a seemingly endless stream of disruptions since the onset of a global pandemic at the beginning of 2020. For logistics professionals, COVID-19 has been similar to a never-ending game of Whack-a-Mole — as soon as one problem seems sufficiently dealt with, another always seems to quickly pop up. Though supply chain and logistics professionals have begun to plan for a post-pandemic new normal, the logistics sector will continue to feel the impact of COVID-19 for some time ... Read More