The True Costs of Offshoring and the Benefits of Bringing it Home

80-90% of an iceberg is unseen, below the surface of the ocean. The same is true for offshored products, much of the costs are hidden. For decades, the Lowest Landed Cost was the driver for offshoring, without enough regard to the dozen or more costs that are incurred through offshoring that would be avoided by making goods in the US. 90% of the hidden costs are below the waterline.

Ten Benefits from Reshoring on the Logistics Supply Chain

Reshoring offers numerous supply chain advantages, particularly simplification of steps required, minimizing the distance travelled, streamlining control points, rapid changes to orders, reduction of in-transit damage, reduced tariffs and dock fees, smaller order sizes, and ESG benefits. Combined, these benefits contribute to more sustainable, responsive, and efficient supply chains.