Your grandparents used to say, “Don’t put all your eggs in one basket.” The wisdom of that old adage came into stark relief in the early 2020s during the pandemic. Supply chains ground to a halt, manufacturers suffered labor shortages, and businesses that couldn’t pivot quickly to new supply sources or ways of delivering their products suffered. Learn the benefits of reshoring your manufacturing to the US here.
The lingering effects of the pandemic have convinced many companies that sourcing supplies and finding partners in the US will be better for their business in the long run. Learn the benefits of reshoring your manufacturing to the US here.
Cost Comparability and Quality Control
Companies that moved manufacturing offshore usually did so to cut costs—primarily labor costs. But those costs are rising overseas to the point where manufacturing prices in the US are once again competitive. Particularly when you consider the rising costs of shipping.
Reshoring brings your manufacturing within reach of direct control. It’s easier to monitor quality when the plant is a short drive or flight away.
Increased Social Stability
While the US continues to suffer from political divisiveness. These troubles pale in comparison to war, famine, and natural disasters. This all threaten the very existence of countries across the globe. The relative calm of external conditions in the US allows you to concentrate on hiring skilled workers. Also on producing quality products, and finding new customers and clients.
Reshoring also reduces the risk of loss due to shipping accidents. It gives businesses more control over logistics, security for intellectual property, and the relief of working across fewer time zones.
Consistent and Comprehensible Regulations
You may chafe under the burden of government regulations, but at least the regulations are mainly consistent in the US. Even though you may disagree about whether a regulation is necessary. You can admit that regulations are even the playing field for all companies operating within the same industry.
The Power of Being Made in America
Consumers are showing a marked preference for locally sourced products and labels that read “Made in the USA.” Just as businesses were frustrated by the on-again, off-again lockdowns that interrupted offshore manufacturing. Especially in China, consumers and clients who need plastic parts for their US-made cars or appliances got fed up with delays. Reshoring allows you a closer opportunity to vet and choose a manufacturing partner that’s capable of mass-producing plastic parts with consistent quality and uniformity.
Reshoring can be very expensive in the short term. But the benefits of reshoring your manufacturing to the US include greater control, higher quality, more consistent regulation, reduced shipping costs, and the social effects of reviving flagging communities by providing jobs. Over time, these benefits spark local economic renewal.
