Supply chain issues have been a burgeoning plague on industry. Many companies are looking at solutions that could bring jobs and goods back to North America. This process is called "reshoring" or "nearshoring,". The Reshoring Initiative defines the practice simply as bringing manufacturing and services back from overseas.
Read MoreProduct imports are a huge part of the US global supply chain. You’ve seen ‘Made in China’ stickers on your products before, but now with COVID-19 restrictions and more outbreaks occurring in the Asian countries, supply chains are considering alternatives to embracing diversification.
Read More