Reshoring: The Trend and The Opportunity

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Description:

The first of a series of 2021/2022 AMT webinars and videos on how localization/reshoring is a key element in the environmental, social and governance (ESG) trend. Local production reduces disruption of the environment, the supply chain and society.

Reshoring surged to a new record in 2020 and looks to increase by another 30+% in 2021. Government programs are attacking some of the country’s largest supply chain gaps. About 20% of imports can be produced or sourced domestically at no total cost penalty and substantial environmental benefit.

Takeaways include:

  • 2020 reshoring data
  • 2021 projection
  • Results of AMT’s survey of OEMs’ reshoring needsand opportunitiesfor job shops and technology providers
  • Insights into The Onshoring Project
  • Using TCO, MCT, deferred assembly, Cost Differential Frontier and other tools to make better sourcing decisions
  • How to benefit from the trend

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Type: Webinars

Conference: IMTS Content


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