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Localizing Your Supply Chain: A Cost-Benefit Analysis

Localizing Your Supply Chain: A Cost-Benefit Analysis

NetSuite
Published by: Research Desk Released: Jan 21, 2021

Should You Onshore or Near-shore Your Supply Chain?

The coronavirus crisis has exposed the lack of visibility many organizations had into their offshore suppliers and manufacturers, leading to a call for greater supply chain resilience and traceability.

This paper will cover the benefits of localizing a supply chain—in this case, to North America—major costs to consider, potential barriers to relocation and the steps a business should take if it decides to onshore, including:

  • Benefits and challenges of local sourcing/production.
  • Pros and cons of a US-based supply chain.
  • How to move your supply chain onshore.