Lower energy costs in the United States compared to the rest of the world may also help with shifting more production here.
Two years of supply chain issues have some companies making long-term changes to how they operate, building more resiliency and redundancy into their shipments.
“You have to build some redundancy in your production,” said Scott Paul, president of Alliance of American Manufacturing. “You can't rely on a chip from a factory that may not be there for a year because of either a backlog or some other disruption and you want to be able to control your inventories and some of your other costs a little better.”
Energy costs and COVID-19 lockdowns are not the only concerns supply chain management experts expressed.
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