There is much ado about everything when it comes to navigating supply chain disruptions and risks these days.
Nearshoring and reshoring have been top of mind for many manufacturing leaders with approximately 25% of global trade looking to relocate over the next three years. While many organizations are seriously considering the move, there are others that are still evaluating whether reshoring or nearshoring is the right strategy for the business.
In Part 1 this OnDemand Webcast series, "Making the Decision to Reshoring or Nearshore", TBM’s operations and supply chain experts, David Pate and Chip Barth, and special guest, Harry Moser, founder of the Reshoring Initiative, help manufacturers and suppliers answer the questions they need to make the right decision for the business - Reshore, Nearshore or Do Nothing.
Their discussion delves into:
- The nearshoring/reshoring in manufacturing surge and its impact on jobs in the U.S.
- Understanding the right candidate for a nearshoring/reshoring effort
- Evaluating the Total Cost of Ownership vs. price or Landed Costs vs. customer impact
- Operational Excellence considerations in the decision-making process
Complete the form to watch the video and start the strategic discussions within your organization about reshoring, nearshoring or doing nothing.
Learn more about Harry Moser, Founder of the Reshoring Initiative.
Other episodes in this series:
Part 2: Solutions and Challenges of Reshoring vs. Nearshoring
Part 3: Optimizing Operations Processes to Capitalize on Reshoring Benefits
