The Onshoring, Reshoring, and Nearshoring Strategies Calm Supply Chain Chaos
MAY 17, 2023
The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. After years of economic volatility, labor shortages, extreme weather, demand and supply shocks, and geopolitical tensions, supply chain leaders are looking to calm the chaos and bring back predictability. Yet, their search is more than a matter of finding low-cost alternatives.