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Featured News
How COVID changed supply chains forever, according to one expert
Fortune features a story on a distinguished professor who has studied supply chains for the last 2 decades. This professor believes that the supply chain has been forever changed due to the pandemic. He asserts that the global supply chains…
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Top Eight Trends in Supply Chains That Will Dominate 2023
Thomas / Xometry explains what they believe will be the top trends in the supply chain for 2023. 1. There will be an increase in reshoring and near-sourcing High freight costs, labor shortages, and factory shutdowns, transportation delays, and geopolitical…
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Q3 reshoring and foreign direct investment (FDI) marked their highest levels ever
The Reshoring Initiative reported that third quarter 2022 reshoring and foreign direct investments (FDI) reached record levels, registering 15% higher than the second quarter with a strong fourth quarter looking to result in a total of more than 350,000 jobs reshored…
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Accelerating Reshoring Strategies Spur CEOs To Modernize America’s Manufacturing Industry
A poll release from Xometry/Zogby reports that 55% of American CEOs whose companies depend on manufacturing to produce and deliver their goods have plans to reshore their operations, and 95% of them said they would do so this year. The vast…
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Supply chain managers expect problems to continue at least through 2024
According to a survey conducted by CNBC, more than half of logistics managers do not expect the supply chain to return to normal until 2024 or after. Among other reasons, bloated inventories have kept warehouses packed, and respondents said they…
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Reshoring is great. Sometimes nearshoring, or friendshoring, is also a good option
Supply Chain Brain has another great article on the benefits of nearshoring. While we at Unionwear prioritize reshoring manufacturing back to the USA, sometimes nearshoring, or friendshoring, is a good option as well. This is because bringing manufacturing closer to…
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77% of supply chain orgs plan to prioritize sustainability in supply chain
Supply Chain Brain cites a new report saying 77% of supply chain organizations claim to currently prioritize sustainability, or to have plans to prioritize it, in the coming year. Moreover, 8 in 10 supply chain organizations currently have sustainability efforts underway.…
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Report: nearly 64% of the CEOs say they are reshoring or nearshoring their operations or are planning to
According to Manufacturing.net, a new Xometry poll, produced in concert with Forbes and Zogby, “reveals nearly two-thirds (64%) of the CEOs say they are currently reshoring or nearshoring their operations or planning to.” This momentum from manufacturing leadership dovetails with consumer…
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