A recently released study by Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., indicates that 70% of US manufacturing executives expect near-sourcing to increase within the next five years.
Manufacturers considering insourcing to the U.S. and near-sourcing options to Mexico and other closely located countries because of the Amazon effect -- the need for rapid response to customer needs.
In today's Amazon-impacted marketplace, extended supply chains are more interconnected than ever before. Thus, we must be aware of the impacts of our decisions on the rest of the supply chain.
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
It is wise to stay on the leading edge of what is of such critical importance to manufacturers, distributors, logistics providers and the economy.
Explore the advantages of outsourcing, insourcing, and nearsourcing to meet strategic goals, control costs, and enhance customer satisfaction.
Resurgence of manufacturing is occurring if we choose to take hold of it!
As the cost advantages for outsourcing dry up more companies are bringing manufacturing back to North America. Re-shoring may increasingly be your best bet for improving customer service levels without going broke.
I believe we MUST find a way to be competitive for non-commodity products in the USA
