Liberty has worked with customers previously that were not realizing the expected benefits of using an offshore supplier, but recent events have a lot more OEM’s looking to move some or all of their supply chains to the United States. The Institute for Supply Management reported last month that nearly 75% of companies are reporting supply chain disruptions. A recent Thomas Industrial survey reported that 64% of manufacturers are likely to bring production and sourcing to North America, and this number has been growing.
In this episode of Wired Success, Mark Cessar ask Liberty Electronics' Director of Business Development, Scott Anderson, about the rising opportunities for reshoring the supply chain from oversees suppliers.