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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Yet, understanding these concepts requires a bit more than this simple definition. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. Reshoring Vs. Nearshoring.What's the Difference? Reshoring is the opposite of offshoring.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

And while during the SARS epidemic of 2002 and 2003, China represented 4.3% The Institute for Supply Management, which conducts monthly economic surveys, found that nearly three-quarters of the companies it contacted in late February and early March reported some kind of supply chain disruption. in manufacturing dominance.