Strategies for Successful Reshoring: a Roadmap for U.S. Manufacturers

EasyChair Preprint 12411, version 1

Abstract

This paper begins by examining the driving forces behind reshoring initiatives, including rising overseas labor costs, supply chain disruptions, and the desire to regain control over quality and intellectual property. It then outlines a roadmap consisting of essential steps and considerations for companies embarking on reshoring endeavors. These include conducting thorough cost-benefit analyses, evaluating potential risks and rewards, optimizing supply chain logistics, investing in workforce training and development, leveraging government incentives and support programs, and fostering collaboration with key stakeholders. Additionally, the paper highlights best practices and case studies of successful reshoring implementations across various industries.

Keyphrases: Reshoring, Successful, strategies

@booklet{EasyChair:12411,
  author    = {Julia Anderson and Kurez Jhon},
  title     = {Strategies for Successful Reshoring: a Roadmap for U.S. Manufacturers},
  howpublished = {EasyChair Preprint 12411},
  year      = {EasyChair, 2024}}