Frequently Asked Questions
By relocating production closer to the home market, companies can reduce potential disruptions caused by geopolitical tensions, natural disasters, or other risk factors.
Automation, robotics, artificial intelligence, and advanced manufacturing techniques can reduce production costs in the home country, making Reshoring more attractive.
While it can improve market responsiveness and quality control, higher production costs could make products less competitive in terms of pricing.
It can disrupt existing relationships, necessitating the formation of new supply chain partnerships.
Comprehensive cost-benefit analyses, stakeholder involvement, consideration of automation possibilities, and engagement with local communities are some of the best practices.
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