The Real Cost of Bringing Manufacturing Home

This was originally broadcast as a live session on August 4, and will be available to watch on-demand from August 5. 

We apologise for the background music for the first two minutes of broadcast.

Many years before the pandemic the industry has highlighted the importance of a globalized supply chain and in particular the heavy reliance on Asian suppliers. The situation fueled calls from political leaders and lawmakers for U.S. manufacturers to start producing critical supplies domestically. But what will be the cost of bringing manufacturing home, and who will the burden lie on?  

Discussion Points: 

· What will the “Made in America” pledge deliver? 

· Can AI/Digitalization of facilities reduce costs? 

· Addressing the skills and facilities gap 

· Near-shoring – reducing dependence on Asian suppliers.