Why Companies are Onshoring Production to Mitigate Risk
In the wake of COVID-19 lockdowns and escalating US-China trade wars, global supply chains have proven perilously fragile, prompting a seismic shift: companies are onshoring production at record pace. This article explores the drivers-from pandemic disruptions and geopolitical risks to rising offshore costs and tech enablers like automation-alongside risk mitigation gains, policy incentives, real-world case
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