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

GlobalTranz

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. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Insufficient on-the-job training — Over the period from 2002 to 2013, investments in internal training programs such as apprenticeships, company classroom training, and other structured on-the-job skills development for current manufacturing employees were cut from 469,000 to 288,000 (nearly 40 percent). Annually, 3.2 - 3.5