TCO: Why reshoring may be the smart move for your supply chain
Discussions about bringing manufacturing back to the U.S. are heating up as reshoring and U.S. based manufacturing have become more lucrative.
One of the factors is labor rates are steadily increasing as the continual demand for economical, quality labor causes shifts in cost. China, for instance, has seen labor rate increases of 500% over the past 12 years.
To read more of the reasons, click HERE.