Harry Moser’s LiveNOW FOX 5 interview: Harry discusses how the attacks in the Red Sea are disrupting global trade and the impact on retailers.
How attacks in the Red Sea affect Retailers
Category: Reshoring
A recent study found that 69% of US manufacturers have begun reshoring, with 94% reporting success. Reshoring Initiative data points to geopolitics as the biggest driver. Read Harry’s comments and learn about the Reshoring Initiative’s new geopolitical risk measure.
Reshoring continues as COVID fades.
TCO – Total Cost of Ownership Tool from Reshoring Initiative
More manufacturers are reshoring as insurance against geopolitical strife. But which regions are most at risk for supply chain disruption? The Reshoring Initiative recommends that companies evaluate their supply chain exposure. To aid in this decision-making process, we have developed a Geopolitical Risk Report that includes profiles for eight major source countries and seven broader regions. – by Harry Moser and Daniel O’Hara.
Which Regions Are Most at Risk for Supply Chain Disruption?
Download Full Report on Geopolitical Risk
New research reveals that 25 percent of global trade will relocate within three years amid economic and geopolitical instability. The geographic distribution of global suppliers will fundamentally shift from being mostly global to mostly local by 2026. Find out why reshoring has shifted into warp speed. – By Harry Moser of the Reshoring Initiative.
Reshoring Unpacked: A Transformational Shift From Global To Local
Reshoring Initiative National Metalworking Reshoring Award
Hopson & Motzer won the 2023 National Metalworking Reshoring Award in recognition of its success in bringing manufacturing back to the United States.
https://www.amtonline.org/article/hobson-and-motzer-wins-2023-national-metalworking-reshoring-award
It covers the Reshoring Initiative 1H 2023 report, China and Chinese exports, nearshoring, geopolitical and policy issues and reshoring tips.
Reshoring Initiative’s December 2023 E-News
Harry Moser discusses the economic impact of geopolitical events on U.S. supply chains and explains how companies can evaluate reshoring and nearshoring as “insurance” against catastrophic disruptions.
How attacks in Red Sea are disrupting global trade (livenowfox.com)
When it comes to U.S.-China trade, the U.S. objective should be: stay bigger than China. It’s too difficult and confrontational to depend on directly limiting China’s growth. Growing the U.S. economy and manufacturing sector is a better strategy.
On Harry Moser’s new podcast, Lew and Harry welcome Harold Schoch, CEO of Fives Machining Systems Inc. and Matt Shockey, President of the Grinding Ultra Precision business line of the Fives Group. They discuss the skilled trades gap, supply chain challenges, the importance of reshoring, and more.