Rebuilding the Supply Chain: Investigating Reshoring
Manufacturing guru W. Edwards Deming warned against awarding business based on piece price, and now COVID-19 has shown us the consequences via extended, fragile supply chains that have been unable to adapt in times of stress. Reshoring and near-shoring provide a solution. A non-profit organization called the Reshoring Initiative has dedicated itself to bringing manufacturing back home. Founded and managed by a manufacturing industry executive, the Reshoring Initiative helps companies accurately compare the Total Cost of Ownership between manufacturing locations so that they can make more informed sourcing decisions. Visit IMTS.com/SupplyChain to learn more!
In Tech Peek
Play video Tech Peek | PEKK 3D Printed Polymer
Tech Peek | PEKK 3D Printed Polymer
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Play video Tech Peek | 3D Printed Helmet
Tech Peek | 3D Printed Helmet
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Play video Tech Peek | Nanotech
Tech Peek | Nanotech
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Play video Tech Peek | 5G & Manufacturing Technology
Tech Peek | 5G & Manufacturing Technology
Has the factory of the future been waiting for 5G to call? Find out the reasons why 5G will change manufacturing, communication, and the world.
Play video Tech Peek | Lot Size: One
Tech Peek | Lot Size: One
Tech Peek Emerging Technology Series Customers dream of one. But when will a lot size of one be cost-effective? Sooner than you may think.
Play video Tech Peek- Cobots
Tech Peek- Cobots