In recent times, manufacturing in the U.S. is a growing trend. After many years of offshoring, companies are taking a hard look at the benefits of manufacturing closer to their customer base. The result is many are expanding or reshoring production to the U.S.
Additionally, the elevating cost and risk of offshoring production—due to rising offshore wages and complicated, unstable supply chains—has made manufacturing in the US increasingly attractive to global companies and foreign investment. For example, Chinese wages have been going up 15-18% a year and are now high enough for many products to be made more profitably here in America.
Benefit of possessing an ideal Supply Chain Network
- Streamlined supply chains lead to less disruption.
- Time to market is faster.
- Hidden costs are reduced or eliminated.
- Intellectual property risks are eliminated.
- Companies are finding that when manufacturing and engineering are located near one another, they can improve design, eliminate waste, improve quality and increase productivity.
Engagement in product production and processes, dynamic cooperation and emerging technologies can rebuild the supply chain network in the United States, help the reshoring trend, and push American manufacturing’s long-term global competitiveness.
If you want to know more about Supply Chain Services. Do not hesitate to connect with us via website:
https://jkaservices.com/services__trashed/procurement-and-supply-chain-service/
