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“Reshoring” Option Gaining Strength

Posted 7:03 PM by

A recent study conducted by the Council of Supply Chain Management Professionals and Michigan State’s Department of Supply Chain Management shows that 40% of manufacturers surveyed perceive a trend of moving production back to the U.S. from off-shore sites such as China and India. 

Of the 319 total respondents, 38% reported that their direct competitors have already reshored operations back to the United States. The study also found that this trend is strongest in certain sectors of manufacturing, including aerospace and defense, industrial parts and equipment, and electronics.

About the Author

Justin Hayes is a director in Katz, Sapper & Miller’s Audit and Assurance Services Group as well as being a member of the Not-for-Profit and Governmental Services Groups. Justin works with clients to help them avoid risk and maximize efficiencies by keeping an eye on their bottom line and helping ensure accurate financial reporting. Connect with him on LinkedIn.

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