While some of this momentum comes from COVID-19 pandemic-related shortages and shutdowns and supply chain back-ups; in the long-term reshoring has the potential to save U.S. manufacturers critical production time, reduce transportation costs and could better support just-in-time production by reducing capital tied up in stock.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2022-01-28
CTE source: https://ctemag.com/news/reshoring-may-be-building-back-us-manufacturing/
Legacy path: /reshoring-may-be-building-back-us-manufacturing