In this episode of U.S. Manufacturing Today, sponsored by Variable, host Matt Horay discusses critical trends in American manufacturing with Rosemary Coates, the Executive Director of the Reshoring Institute and President of Blue Silk Consulting. Coates, a seasoned supply chain consultant and bestselling author, shares her extensive experience and insights on reshoring, nearshoring, and global supply chain strategies. The discussion delves into the driving forces behind reshoring, such as geopolitical tensions, supply chain disruptions, and rising overseas labor costs. Coates also highlights the complexity of exiting Chinese manufacturing, setting up new manufacturing locations, and the importance of automated and sophisticated manufacturing processes in the US. The episode emphasizes the need for flexible supply chain strategies, the economic benefits of domestic manufacturing, and the future landscape of US manufacturing.
Timestamps
- 00:00 Introduction to U.S. Manufacturing Today
- 00:19 Meet Rosemary Coates: Reshoring Expert
- 01:09 The State of Reshoring
- 05:11 Challenges of Leaving China
- 06:54 Establishing New Manufacturing Locations
- 13:39 The Complexity of Supply Chains
- 19:41 The Future of U.S. Manufacturing
- 25:28 Conclusion and Resources
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