Wednesday, February 19th
10:00am-11:00am
Barnwell
About the Session
In many product categories the country and many companies are dependent on offshore suppliers. It is now clear that shorter supply chains are lower risk and are more profitable for OEMs for 20 to 30% of products that are now imported. Find how to benefit from the trend and reduce risk, including potentially existential geopolitical risks.
Takeaways include:
- How the OEM can use total cost of ownership (TCO) to identify reshorable products. Buy smarter!
- How the supplier can help the OEM quantify the advantages of domestic sourcing. Sell smarter!
- How to quantify geopolitical risk, which is now the #1 driver of reshoring.
- Ideas for strengthening the skilled workforce.