Below you'll find a list of all posts that have been categorized as “Nearshoring Manufacturing”
What Happens When a Key Supplier Disappears Into Thin Air? Before coronavirus was ever an issue, one traffic signal infrastructure supplier found itself in a similar predicament many OEMs recently found themselves in due to COVID-19 — a total standstill of production. The manufacturer’s main supplier of crucial components permanently shut its doors without warning, bringing operations to a costly …
One of the biggest post-pandemic lessons for OEMs is to weigh the costs associated with supply chain disruptions a little heavier than before. While product cost, quality, and delivery will always be at the top of the priority list, manufacturers should also include the 3Rs of supply chain risk management: Resilience – having a workable contingency plan is essential. Be …
