To say that 2020 has proved to be challenging to business and industry might be one of the understatements of the century. Most of the world was blindsided by the global COVID-19 pandemic and there was not a sector of the economy that went untouched. But our country is nothing if not nimble and adaptive, and vital industries such as food production, aerospace and automotive, our themes for this issue, began rethinking their supply chains, leading to an avalanche of reshoring plans, with the intention of bringing at least some of that production back to the U.S. In this issue, professionals are sharing their insights on all the ways the country’s industries have pivoted to adapt to the new reality. We can all learn from them.
While reshoring is a hot topic right now, it’s important to recognize the trend predates the global COVID-19 pandemic by about five years. The global health crisis, which has strongly affected supply chains and labor, is simply accelerating the trend, adding a new dimension and greater urgency to reshoring. more....