[In the News] The Ongoing Wave of Reshoring

With all the campaigning of late, politicians would have you thinking that reshoring activity is most tied to patriotic reasons, but truth be told, many companies are coming back stateside to be closer to their customers.
Pierfrancesco Manenti, VP of research for SCM World explores local-for-local manufacturing and reshoring activities in his recent Industry Week article. See why companies like Apple, Ford, Caterpillar, General Electric, Intel and others are changing the way they think about their manufacturing footprint strategies and moving from strategies driven by low-cost labor to those driven by needs to improve customer fulfilment through agility and responsiveness.
Additionally, research and surveys by Walmart, found that “Made in USA” is a strong driver of consumer purchase decisions, second only to price. Products across all categories are, in fact, perceived to have higher quality if made in the U.S.
Read more about local-for-local manufacturing and how “big data” production technologies, along with a new manufacturing model are making reshoring even more attractive to some. Some companies even note that “local-for-local manufacturing” may provide an more efficient supply chain.