BMO cites a 2011 AlixPartners survey reporting that 43% of global executives had nearsourcing plans within five years or had completed a nearsourcing initiative within the last three.
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July 2, 2012
Several factors are challenging the conventional wisdom that manufacturing will continue to be outsourced to Low Cost Countries (LCCs) for the foreseeable future. According to analysts at BMO Capital Markets, “nearsourcing” or “reshoring” are stronger trends that will strengthen North America’s manufacturing base…