Nine out of ten companies see nearshoring as key to safeguarding supply chains

Posted on 18 Dec 2023 by The Manufacturer

The results of the INVERTO Nearshoring Study has revealed a resounding consensus among participants, over 90% of whom see nearshoring and reshoring as key ways of safeguarding their supply chains.

The study conducted by INVERTO, part of Boston Consulting Group, shows that companies see the relocation of orders to neighbouring countries as the most suitable restructuring option to increase efficiency, improve flexibility and shorten delivery times. Two-thirds of the companies surveyed plan to restructure their supply chains in the next five years. Notably, 67% of…

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