6 Reasons Why Global Supply Chains Are Shifting

Following the pandemic and other disruptions, many companies are taking steps to improve and often shorten their supply lines. Bordering countries, such as the United States, Canada and Mexico, are making more efforts to “nearshore, friendshore and onshore” manufacturing. As Edwin Lopez reports in Supply Chain Dive, the multiple factors that influence corporate supply chain decisions range from reducing costs to mitigating risks of all kinds, whether climate related (drought affecting the Panama Canal) or geopolitical (Houthi attacks in the Red Sea). Lopez explains six factors companies are considering as they adapt their supply chains to deal with constant change.