Reshoring: A Potential $15B Windfall for Industrial Distributors

Amid the supply chain chaos since COVID-19 arrived, we’ve all heard how reshoring and localizing product sourcing can help safeguard supply chains from disruption. Given the international nature of today’s commerce, reshoring production and sourcing has its limitations, but its potential benefits are impossible to ignore in a time when customers expect next-day delivery. Reshoring — the process of returning manufacturing and production of goods to from overseas to a company’s original country — isn’t new. It has existed essentially ever since global supply chains have existed. But it’s only…