by closeshoring | Jan 4, 2021 | Uncategorized
Broken supply chains are now a discussion topic in video conferences and board meetings. Prior to 2020, most executives viewed the supply chain as an area of cost-saving rather than an area of stability and differentiation. But when you strip costs out of the supply...
by closeshoring | Dec 30, 2020 | Uncategorized
As a result of recent global disruptions, manufacturing will likely see a fundamental shift away from globally distant footprints toward a more localized model, with nimbler and more flexible structures. In 2021, the industrial manufacturing sector will take a page...
by closeshoring | Dec 27, 2020 | Uncategorized
President-Elect Biden has pledged to establish a new “Made in America” office within the Office of Management and Budget. The office will coordinate interagency Buy American policy, review waivers and general compliance, and establish additional transparency rules. To...
by closeshoring | Dec 24, 2020 | Uncategorized
The tariff war and COVID-19 exacerbated pre-existing fragility of global supply chains for many industries. This fragility is especially prevalent in the bioscience and pharma sectors, where China supplies 40% of all Active Pharmaceutical Ingredients (APIs) globally...
by closeshoring | Dec 21, 2020 | Uncategorized
Starting in the 1990’s and accelerating after the inclusion of China in the World Trade Organization in 2001, many companies globalized (offshored) their sourcing and production and embraced lean manufacturing techniques to reduce costs. Globalization has evolved into...
