Lisa Anderson participated in a panel discussion on nearshoring strategies for the medical device industry, exploring how manufacturers can strengthen supply chain resilience, improve customer service, and reduce risk through regional manufacturing. As global supply chains continue to evolve following the pandemic, nearshoring and reshoring remain key strategies for improving responsiveness, securing critical supply, and positioning manufacturers for long-term growth.
Panelists included Steven A. Colantuoni, Director of Corporate Marketing, The Central American Group, Yarisol Lopez, Deputy Executive Director, National Free Zones Council of the Dominican Republic, and Carlos Wong, Managing Director, Coyol Free Zone (Costa Rica). The pandemic spawned a good amount of discussion around the concept of nearshoring and reshoring for medical device manufacturers as a way to avoid the shortages and delays seen during the crisis. How likely is this to happen, where might some target locations be for manufacturers, what considerations need to be kept in mind, and what factors should be determined before a company makes the decision. This panel will discuss a number of topics around this possible trend that could reshape the face of manufacturing in the next decade.
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