Manufacturers are considering relocating production to the US and Europe to achieve supply chain resilience amid disruptions caused by the pandemic and the Russia-Ukraine war. While the option may not be the cheapest, reshoring would allow companies to better manage quality, create jobs and transparency across their supply chains, reduce greenhouse gas emissions, and improve their ESG scores. The 2022 ISG Smart Manufacturing Survey showed only 33% of European and 24% of US CEOs are confident in their supply chain resiliency. The number of new US manufacturing units has grown 116% in recent years, largely due to reshoring.
Read the full article by ISG’s Bob Krohn and Anamika Sarkar on the Supply & Demand Chain Executive website here.
About the authors
Robert (Bob) Krohn
Robert “Bob” Krohn is a Partner, Health Sciences Practice Lead and Manufacturing Practice Co Leader at ISG. He has an extensive background in business process optimization, organizational design and execution including the direct oversight of numerous outsourcing contract negotiations. Bob is an ISG Digital Expert and a speaker/ blogger on emerging trends in Manufacturing and Health Sciences.
Anamika Sarkar
Anamika Sarkar works as a Manager in ISG. She has close to 11 years of experience in research across various industries and geographies. At ISG, Anamika helps Manufacturing enterprises understand the latest technology trends, strategy, and innovation.
