Global MFG - Mar 22, 2021
3 Smart Moves to Leverage Reshoring OpportunitiesDave Lechleitner | Industrial Equipment News
3 Smart Moves to Leverage Reshoring Opportunities
Recent events have proven the old adage that the only constant in life is change. And, for manufacturers, that couldn’t be more true.
As a result of international supply chains collapsing in the wake of the COVID-19 pandemic, manufacturers have had to shift their strategies, and many are looking to reshoring for improved resilience. According to The Reshoring Institute, in its December 2020 report, "Five Predictions for The Manufacturing Industry in 2021," demand for products actually grew in 2020, and is now surging.