As the advantages continue to erode for U.S. manufacturers operating in low-cost countries, interest in reshoring and near-shoring continues to climb. This is especially true in the age of COVID-19, with the pandemic’s near-crippling impacts on supply chains, including for logistics and distribution, according to a recent report from Yardi’s CommercialEdge.

“Moving back to the U.S. or near-shore destinations such as Mexico, Canada, or Costa Rica have distinct advantages—most notably shorter and easier-to-manage supply chains, improved communication, and reduced probability for disruption,” Yardi’s Doug Ressler tells GlobeSt.com.

Paul Bergeron

 

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