Rebuilding and Reshoring: What Can Be Done?
by Harry C. Moser
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. Studies have found an increased preference for USA-made products. 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?