Localizing Your Supply Chain – A Cost-Benefit Analysis

localizing-your-supply-chain--a-cost-benefit-analysis

Should You Onshore or Near-shore Your Supply Chain?


The coronavirus crisis has exposed the lack of visibility many organizations had into their offshore suppliers and manufacturers, leading to a call for greater supply chain resilience and traceability.


This paper will cover the benefits of localizing a supply chain—in this case, to North America—major costs to consider, potential barriers to relocation and the steps a business should take if it decides to onshore, including:


• Benefits and challenges of local sourcing/production.
• Pros and cons of a US-based supply chain.
• How to move your supply chain onshore.
 

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