Time to Reshore?
If you have not heard, there is a positive economic wave running across the United States. It is called Reshoring. American companies are bringing manufacturing, assembly and other processes back home! The wage gap between US and foreign countries has shrunk in recent years. Long lead times in getting delivery on merchandise cause challenges managing inventory. Companies are finding benefits in keeping the supply chain closer to their customers. These companies are able to react more quickly to changes in demand. High fuel costs are increasing the cost of shipping. When these and other dynamics are combined, the incentives to export work are not as convincing as they once were.
If you have not heard, there is a positive economic wave running across the United States. It is called Reshoring. American companies are bringing manufacturing, assembly and other processes back home! The wage gap between US and foreign countries has shrunk in recent years. Long lead times in getting delivery on merchandise cause challenges managing inventory. Companies are finding benefits in keeping the supply chain closer to their customers. These companies are able to react more quickly to changes in demand. High fuel costs are increasing the cost of shipping. When these and other dynamics are combined, the incentives to export work are not as convincing as they once were.
At Custom Products, our
strengths in Inventory Management, Packaging Supplies and Contract Packaging
make us a unique resource for companies looking to package a product. We have
seen an increase in activity as materials that were packaged overseas are being
shipped to us to be transformed into finished goods on a large scale. We excel
at blister packaging, kit assembly, shrink-wrapping, poly bag and skin-board
packaging, and we take pride in the quality of our work. Our goal is always to
work with our customers to find the lowest cost solutions that will complete their
projects. Give us a call to see if we can help.
Catch the wave! Come back on
shore!
Keith
Shepard – Sales Representative
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