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The wave of companies looking to reshore and nearshore manufacturing operations shows no sign of abating. What is the state of reshoring right now? What should your company consider when approaching reshoring?
Business Facilities’ Editorial Director Anne Cosgrove recently spoke with Rosemary Coates to discuss the current state of global manufacturing, possibilities for reshoring and nearshoring, and the rebuilding of domestic supply chains across the U.S. Coates is Founder and Executive Director of the Reshoring Institute, a nonprofit that provides consulting services to companies looking to reshore the manufacturing operations, and President of Blue Silk Consulting, a global supply chain consulting firm.
In their discussion, Coates shares her perspective on planning and implementing a return to the U.S., including the rebuilding of domestic supply chains across the U.S for traditional and emerging industries. There is great opportunity. Still, companies rethinking their global manufacturing strategy need to consider the process of leaving a foreign location.
On October 5, 2023, Coates will present the opening keynote at the Business Facilities LiveXchange Emerging Industries event in Columbus, Ohio. Taking place October 4-6, this event will bring together site selectors and economic professionals in an atmosphere that is professional, productive, and fun. Over three days, attendees at LiveXchange Emerging Industries can expect to gather a vast amount of information about locations and interact with peers through scheduled meetings, conference sessions, and networking.
Click the play button below to listen to our conversation about Reshoring & Rebuilding Supply Chains with Coates. Then, feel free to share your thoughts, experiences, or questions on this topic in the Comments section below. This podcast will also be available on Apple Podcasts, Spotify, Amazon Music, iHeart Radio, Samsung Podcasts, and Podchaser.
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