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According to the latest edition of A.T. Kearney’s Reshoring Index, there has been no marked trend of U.S. production coming back from low-cost countries such as China. Rising wages in Chinese factories, uncertainties associated with the maintenance of long supply lines, and political pressure on American manufacturers who ditched their own country decades ago were all supposed to trigger a major trend toward reshoring. On this episode, we learn why that hasn’t happened, in a conversation with A.T. Kearney partner Patrick Van den Bossche. He delves into the results of the Index to show that the reshoring wave never took off. On the contrary, 2017 saw record imports from traditional offshoring countries. So what happened? Why aren’t U.S. producers making more here? What’s the real reason behind lost American factory jobs? Can reshoring still happen? And what would it take to make it a reality? Hosted by Bob Bowman, managing editor of SupplyChainBrain.
Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.
A.T. Kearney’s fourth annual Reshoring Index.
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