Before the worldwide pandemic began, many electronics companies were already evaluating their manufacturing options. Now with rolling shutdowns, heightened political tensions, and shipping instability between Asia and North America, China’s dominant position as a global factory is at odds with the need for agility in the real world.
Producing near your North American end-market gives you better control over supply segments and logistics, while also allowing you to choose where and how to build. The white paper will provide the following information:
- Analyze the differences between nearshoring and reshoring
- Consider the advantages and disadvantages of nearshoring and reshoring
- Investigate the risks associated with setting up independent nearshoring partnerships
- Discuss the pros and cons of working with North American Tier 1 or Tier 2 CMs
- Examine the benefits of reshoring/nearshoring with cloud manufacturing services