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Bringing business back home | Supply Chain Dive
As inflation soared and the latest surge of the COVID-19 pandemic began to subside in early 2022, the practice of reshoring — companies bringing operations back to the United States from overseas — ongoing to get momentum. The motion has been growing for a long time. “The pandemic has spurred a national push to bolster the domestic supply chain, in particular of vital solutions, driving reshoring numbers better,” documented the Reshoring Initiative in its September 2021 facts report. And in his State of the Union address on March 1, U.S. President Joe Biden held the spotlight on reshoring, declaring, “Instead of relying on international source chains, let us make it…