TITLE:
Reshoring Manufacturing Back to the United States
AUTHORS:
Courtney L. Farrish, Sime Curkovic
KEYWORDS:
Supply Chain, Manufacturing, COVID, Reshoring
JOURNAL NAME:
Open Access Library Journal,
Vol.9 No.12,
December
30,
2022
ABSTRACT: The purpose of this study is to discuss the possibilities of reshoring manufacturing back to the United States and how this would either benefit or hinder the supply chain in the United States. Reshoring is the concept “of returning the production and manufacturing of goods back to the company’s original country” (Kenton, 2021) [1]. To explore this concept, I created a five-question survey targeted toward business-professionals that are involved in the supply chain. With the help of my thesis chair, Dr. Sime Curkovic, I received 113 responses. The point of the survey was to analyze business-professionals’ opinions on if they believe reshoring manufacturing is a good option, what benefits and risks they see with it, what makes them consider reshoring (if applicable), and what other options they’re exploring if they’re not considering reshoring. The results of this survey proved that a portion of manufacturing should be reshored back to the United States. The biggest risk associated with reshoring found in my survey is cost, and the biggest benefits are decreased lead times and decreased risk with factors such as quality and communication.