Rebuilding and Reshoring: What Can Be Done?
by Harry C. Miller, Reshoring Initiative
The volatility and uncertainty resulting from trade wars and the COVID-19 pandemic are challenging companies to make their supply chains more resilient without undermining their competitiveness in the market. Americans believe that USA manufacturing is important for long-term job growth, economic
stability and national security. Additionally, studies have found an increased preference for products that are made in the United States of America.
And manufacturing in the market served, i.e., reshoring, is the most efficient way to address these demands. But how can manufacturers increase USA competitiveness and turn consumer preference for Made-in-America into purchases?