Will manufacturing return to America?
There’s been a lot of discussion lately about manufacturing returning to within the United States. Ford, Caterpillar and GE are a few companies that are shifting a portion of their manufacturing back to America. And the latest crisis at the west coast ports clearly shows one advantage of decreasing the route and the supply chain risks for products.
However, while there are many that hope for a return to the old days when the U.S. was a center for manufacturing, there are many challenges and questions for manufacturers to address when deciding where to source their products. Here’s a quick look at a few of those:
Despite the increased amount of discussion about reshoring, currently there hasn’t been a predominant trend for manufacturing to return to America. For both manufacturers and those involved in supply chain management, it will be interesting and important to watch for any changes in this trend.