Examining Hotbeds of Reshoring and Nearshoring Production
After a tumultuous few years, the manufacturing industry faces a perfect storm of challenges in the face of recovery—from rising inflation to supply chain uncertainty, labor shortages, changing international regulations and economic policies, and everything in between.
While these challenges cross borders and oceans, there are ways to mitigate their impact on your operations. One such approach is to reconsider the physical location(s) of your production facilities. Achieving the optimal balance of offshored, nearshored, reshored, and onshored manufacturing facilities can make navigating political and economic challenges much less of a burden—but figuring out the where, when, and how is a challenge of its own.
In this report, we’ll examine the factors driving these changes, dig into emerging regions to watch, highlight key regional considerations, and share solutions to streamline your global production efforts, regardless of their location.
