Based on level of industry interest, bringing manufacturing closer to the consumer is a hot trend. However, there has been less traction in terms of industry movement toward nearshoring.
When it comes time to make the financial investment, the economic level of interest is revealed. I certainly hope that companies continue to evaluate the benefits of onshoring and nearshoring, with a broad consideration of all of the economic factors.
There's clearly a big gap between interest in this topic and actual ability to move forward. As organizations take a broader view of cost (adding in customer experience, time to market, corprorate brand, etc.) For those of you are having these conversations in your organizatoin, what are the biggest concerns you are hearing? What benefits are organizations focusing on achieving?
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