Reshoring: Rethinking Your Global Supply Chains
Time to Act. That’s what many companies are feeling now that global supply chain risks and vulnerabilities have been exposed by the pandemic. Shipments have been delayed from Asia. Freight rates are volatile. The trade war with China is ongoing. Markets have changed and demand has shifted wildly. The economy is booming, but geopolitics are unstable. It’s time to rethink, plan, and act.
She will discuss the strategies, planning, and commitment needed to address the challenges of rebalancing global supply chains.
Objectives for this Presentation: To Inform and Inspire
On-demand Chapters
00:00 - Intro About the Speaker; Rosemary Coates Reshoring Institute
01:50 - Published Podcast and Books by Rosemary Coates
03:15 - About Reshoring Institute
05:00 - Move Sourcing to China
13:32 - Major Changes in the Past Year
19:42 - Uyghur Forced Labor Prevention Act
23:13 - Why are Companies Reshoring Now?
27:20 - Average Annual Salaries of Production Workers/Machine Operators (World)
28:53 - What About Medical Device Manufacturers?
30:32 - What happens if we start to source more in the US?
31:31 - What products should be considered for reshoring?
34:10 - US/Mexico Border
37:46 - It's not so easy to leave a foreign location
40:04 - Reshoring Successes/Failures
45:45 - Questions and Closing
Presenter Rosemary Coates, Founder and Executive Director of the Reshoring Institute:
Rosemary Coates is the Founder and Executive Director of the Reshoring Institute, a 501c3 nonprofit and non-partisan organization that is focused on expanding U.S. manufacturing. She is also the President of Blue Silk Consulting, a supply-chain management consulting firm. She also works as an Expert Witness on legal cases involving global supply chain disputes, and has worked on over 60 legal cases.
Ms. Coates has been a management consultant for 35+ years, helping over 80 global supply chain clients worldwide. She is an Amazon.com best-selling author with five Supply Chain Management books, including Reshoring Guidebook, and 42 Rules for Sourcing and Manufacturing in China, and Legal Blacksmith – How to Avoid and Defend Supply Chain Disputes.
Rosemary serves on the Board of Directors at the University of San Diego Supply Chain Management Institute and teaches Global Supply Chain Strategy at UC Berkeley. She earned an MBA from the University of San Diego and a Bachelor of Science in Business Logistics from Arizona State University. She regularly teaches classes and seminars at the University of San Diego, UC Berkeley, and several other universities in the US and Europe.
Contact Information:
Rosemary Coates | +1 408-605-8867 rcoates@ReshoringInstitute.com
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