Design News says that the way out of the current supply chain crisis is with reshoring manufacturing.
Global supply chain chaos continues to threaten nearly every American company in some capacity as consumers lose patience with product delays and low inventory.
As the U.S. grapples with the ongoing chaos, manufacturers and nonprofit organizations alike are pushing for reshoring to bring production back to the states and meet the needs of their customers.
Rosemary Coates, a leading voice in national reshoring conversation, has this to say:
The pandemic has had a significant impact on global supply chains. With factories closing and opening and then closing again, first in China and then in the rest of the world, shortages and inconsistent deliveries were felt across the globe. Production stopped at some factories due to a lack of parts. Airlines stopped carrying cargo and passengers from Asia. Container ships reduced their sailing schedules and ports of call. Huge swings in demand for products caused havoc for manufacturers. As consumers, we suffered shortages of everyday products such as toilet paper, disinfecting wipes, and toys for the holidays.
There is a lot more at the link. Have a look / listen.