Should You Onshore or Near-shore Your Supply Chain?
The coronavirus crisis has exposed the lack of visibility many organizations had into their offshore suppliers and manufacturers, leading to a call for greater supply chain resilience and traceability.
This paper will cover the benefits of localizing a supply chain—in this case, to North America—major costs to consider, potential barriers to relocation and the steps a business should take if it decides to onshore, including:
- Benefits and challenges of local sourcing/production.
- Pros and cons of a US-based supply chain.
- How to move your supply chain onshore.