全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

Reshoring Manufacturing Back to the United States

DOI: 10.4236/oalib.1109345, PP. 1-8

Subject Areas: Economics

Keywords: Supply Chain, Manufacturing, COVID, Reshoring

Full-Text   Cite this paper   Add to My Lib

Abstract

The purpose of this study is to discuss the possibilities of reshoring manufacturing back to the United States and how this would either benefit or hinder the supply chain in the United States. Reshoring is the concept “of returning the production and manufacturing of goods back to the company’s original country” (Kenton, 2021) [1]. To explore this concept, I created a five-question survey targeted toward business-professionals that are involved in the supply chain. With the help of my thesis chair, Dr. Sime Curkovic, I received 113 responses. The point of the survey was to analyze business-professionals’ opinions on if they believe reshoring manufacturing is a good option, what benefits and risks they see with it, what makes them consider reshoring (if applicable), and what other options they’re exploring if they’re not considering reshoring. The results of this survey proved that a portion of manufacturing should be reshored back to the United States. The biggest risk associated with reshoring found in my survey is cost, and the biggest benefits are decreased lead times and decreased risk with factors such as quality and communication.

Cite this paper

Farrish, C. L. and Curkovic, S. (2022). Reshoring Manufacturing Back to the United States. Open Access Library Journal, 9, e9345. doi: http://dx.doi.org/10.4236/oalib.1109345.

References

[1]  Kenton, W. (2021) What is Reshoring? Investopedia. https://www.investopedia.com/terms/r/reshoring.asp
[2]  Chopra, S. and Sodhi, M.S. (2014) Reducing the Risk of Supply Chain Disruptions. MIT Sloan Management Review, 55, 73-80. https://sloanreview.mit.edu/article/reducing-the-risk-of-supply-chain-disruptions/
[3]  International Comparisons of Hourly Compensation Costs in Manufacturing (2016) Summary Tables. https://www.conference-board.org/ilcprogram/index.cfm?id=38269
[4]  Jorge, J. and Bergen, E. (2020) Supply Chain Resilience: Exploring Nearshoring to Unlock New Frontiers of Strength. Baker Tilly. https://www.bakertilly.com/insights/supply-chain-resilience-exploring-near-shoring-to
[5]  Pal, R., Harper, S. and Vellesalu, A. (2018) Competitive Manufacturing for Reshoring Textile and Clothing Supply Chains to High-Cost Environment: A Delphi Study. The International Journal of Logistics Management, 29, 1147-1170. https://doi.org/10.1108/IJLM-10-2017-0270

Full-Text


comments powered by Disqus

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133

WeChat 1538708413