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It wasn’t too long ago that we began seeing signs of a return of manufacturing from China back to the U.S. Reasons behind the trend include the trade war between the two countries, the effects of COVID-19 and severe congestion in the trans-Pacific ocean trade lanes. More recently, however, it would appear that someone has flipped the script, at least for now. That’s part of the findings of the latest Reshoring Index from the Kearney consultancy. On this episode, we get explanation and insight from Kearney partner Patrick Van den Boscche. We’ll talk about why countries in Southeast Asia, as well as possibly Mexico and India, are better positioned to benefit from China’s loss than the U.S. in the short term. Nevertheless, says Van den Bossche, “I’m still bullish on U.S. manufacturing.” Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
Show notes:
Kearney’s latest edition of its Reshoring Index.
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