by closeshoring | Oct 3, 2020 | Uncategorized
Bank of America found in a recent survey that companies have experienced supply chain disruptions in over 80% of their global operational sectors during the pandemic, prompting 75% of these companies to place very high priority...
by closeshoring | Sep 30, 2020 | Uncategorized
Tesla outlined various new supply chain strategies during its recent Battery Day event, including plans to build its own battery cathode manufacturing plant in North America, with company executive Andrew Baglino citing the potential for savings and environmental...
by closeshoring | Sep 30, 2020 | Uncategorized
A clear trend, primarily driven by the pandemic, is emerging whereby supply chains are becoming shorter and more localized. This “closeshoring” dynamic involves moving production from overseas to North America. The trend also involves creating many smaller,...