Regional Manufacturing in the Medical Supply Chain
The supply chain has calmed down since the height of the pandemic; however, smart manufacturers are thinking ahead to changing conditions. Geopolitical risks are at an all-time high.
Why Manufacturing Matters & Will Thrive in the Next Decade
Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).
The Case for US Manufacturing
Made in the USA! Instead of fiddling around dipping our toes in the water, we should put a full court press on expanding manufacturing in the USA. Why? Let's just consider a few questions: Should we put our eggs in the China basket? Only if you enjoy substantial risk... [...]
Manufacturing Resurgence
There will a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative®, reshoring broke records in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100%! Also, according to the National Association of Manufacturers (NAM) [...]
Are You Ready for a Resurgence in Manufacturing?
According to a recent National Association of Manufacturers (NAM) survey, the vast majority (88%) expect sales, production and prices to increase next year despite the supply challenges. In working with clients across multiple industries such as biotech, building and construction products, and food and beverage, there is no doubt [...]
Are Americans Willing to Pay More for Products Made in the U.S.A.?
According to a survey by FTI Consulting, 78% of survey respondents said they'd be willing to pay more for the products if the company that made them moved production out of China. Certainly, it depends on how much more, but we've seen a transition in the commentary of the value of reshoring. [...]
The Need for Resilience is Driving a Local Surge of Manufacturing
In thinking about the surge to local for an interview for an SAP Insights article "For Resilient Supply Chains, Think Local", there is no doubt the pandemic has pushed manufacturers to re-think their extended supply chains. When they suddenly couldn't support key customer needs, manufacturers [...]
Made In China or Made in the U.S.A.?
Made in China or made in the U.S.A.? There is a lot of talk about this critical, hot topic. Said another way, will reshoring increase? According to executive surveys, according to clients, according to top supply chain consultants, the answer is undoubtedly trending to MADE IN THE U.S.A. A [...]
U.S. #3 in Global Manufacturing Scorecard
According to the report, there has been a resurgence of manufacturing in the U.S. the last few years. With a continued focus on innovation, education and workforce development, we can keep this trend going.
Have You Thought About Crossing Borders Lately?
Insights on leveraging cross-border trade for business growth and wider market reach