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Home » More Firms Consider Nearshoring Production Thanks to Automation

More Firms Consider Nearshoring Production Thanks to Automation

February 13, 2017
Supply Management

Alix Partners' report Homeward Bound said businesses in the US and Western Europe were facing a new challenge as they move production facilities closer to their main bases of consumption.

The difficulty is that not all local labour markets can meet rising demand, which means the onus increasingly falls on automation to offer a solution.

With automated technology such as robotics having made tremendous strides over the past five years, capabilities have dramatically improved and costs plummeted.

“Today this kind of technology can help manufacturers augment — or entirely replace — functions previously performed entirely by humans,” the report said. “To exploit those technologies, manufacturers will likely have to make capital intensive investments.”

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Business Strategy Alignment Global Supply Chain Management HR & Labor Management High-Tech/Electronics Industrial Manufacturing Pharmaceutical/Biotech Europe North America
KEYWORDS Business Strategy Alignment Europe Global Supply Chain Management High-Tech/Electronics HR & Labor Management Industrial Manufacturing North America Pharmaceutical/Biotech
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