Why supply chains are critical to economic growth, now and in the future

Posted on 6 Sep 2012 by Tim Brown

The manufacturers’ organisation, EEF, recently published data suggesting that businesses are increasingly looking to reshore their supply chains in the UK in direct response to the risk of disruption to global supply chains. David Noble, CIPS’ Chief Executive takes a look at the issue of near-shoring.

This has come to the fore in light of recent major natural disasters such as the tsunami in Japan and floods in Thailand. The consequence of these events, though local, are felt internationally and through lost orders , reputation and revenue, undermine economic growth at home here in the UK. Though offshoring, on the face…

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