What Factors are Impacting the Manufacturing’s Reshoring Movement?
COVID-19 crippled international supply chains for months in early 2020 and continues to cause frequent delays from international suppliers. Even before the pandemic, hostile trade relations between the United States and China had accelerated a reshoring trend. Reshoring typically refers to a company moving manufacturing assets out of China to the United States, and more broadly may also refer to sourcing alternative suppliers in the United States or North America instead of Asia. While the reshoring concept has been gaining traction for a number of ... Read More