by closeshoring | Feb 27, 2021 | Uncategorized
President Biden has signed an executive order to review key global supply chains in order to avoid shortages and economic risks. The review will include semiconductors, medical equipment, and other goods considered critical during the ongoing Covid-19 pandemic. This...
by closeshoring | Feb 19, 2021 | Uncategorized
Why have companies decided to reshore to the US from foreign locations? According to the Reshoring Initiative, increasing wages in hosting countries are one of the reasons most frequently given. Other factors include avoidance of pandemic-related supply chain and...
by closeshoring | Feb 18, 2021 | Uncategorized
To mitigate supply chain disruptions involving critical materials and improve the resiliency of American industrial sectors, President Biden will require the US government to produce unclassified assessments of key industries and their supply chains, including...
by closeshoring | Feb 14, 2021 | Uncategorized
As US states ramp up their efforts to take advantage of trends favoring reshoring of overseas manufacturing, it’s important to fully understand and proactively address any underlying issues that could negatively impact the positive elements of a project. A...
by closeshoring | Feb 8, 2021 | Uncategorized
According to the FDA, at least 72% of drugs used in the USA are manufactured abroad. As demonstrated by recent negative consequences resulting from the COVID-19 pandemic, the risks of offshoring likely surpass the benefits. Moreover, other supply chain issues,...
by closeshoring | Feb 6, 2021 | Uncategorized
The trend of reshoring manufacturing from distant international locations back to North America can be accelerated by use of digital tools that are easy-to-use, quick, and cybersecure, to identify resources, automate manufacturing, locate supply chain ecosystems,...
