A remarkable trend has unfolded over the past five years.
Over 90% of North American manufacturers we surveyed are
moving significant parts of their production
and sourcing to different countries.
Analysis shows this trend will keep growing
over the next five years.
We wanted to know: How can companies prepare for this shift?
The global supply chain is undergoing a
massive transformation.
Cost is the primary reason,
but other drivers include shortening lead times,
operating in more stable business environments,
and more flexibility at responding to disruption.
That's in response to a decade of changes
around the world leading to a redrawing
of the manufacturing map.
Understanding this
and moving supply chains at the end could be a company's
secret to saving 20 to 50%.