Sep 8, 2020

Global Supply Chains and Onshoring

Recent world events dramatically highlight how global supply chains can leave counties vulnerable to disruptions in the flow of manufactured products. Whether medical supplies, energy, electronics or mechanical goods, the disruptive impact of shortages of critical goods is more apparent today than ever before. As a result, the United States is revaluating the economic and national security risks that can result from overreliance on imported of manufactured goods and materials. Federal and state leaders are encouraging greater domestic production of critical goods and materials (known as “onshoring” or “reshoring”), through various policy and legal methods, including executive orders and changes… Read more