It may not be a ‘flood’ at the moment, but reshoring activity was already a ‘trickle’ prior to 2020 and the global disruption caused as a result of the COVID-19 pandemic has only served to heighten interest in the concept. Lee Collinson, National Head of Manufacturing, Transport & Logistics at Barclays looks at the issues involved.
For those who haven’t encountered the term before, reshoring is the process of returning the production of goods back to a company’s original country. In doing so, the practice looks to reverse years, decades even, of manufacturing being offshored from costly locations (predominantly in the West) to cheaper economies (predominantly in the East). Bringing production…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
