23008_Nearshoring Report

N E A R S H O R I N G

Far-reaching disruptions have revealed that the length and

complexity of supply chains can make a massive difference when something – or lots of things – go wrong. Global trade started slowing in the late 2000s as a result of the GFC which revealed risks to the movement of financial interests over longer distances. As a result, businesses started to develop strategies to bring production closer to home markets, supported by national governments’ initiatives to protect their economies and industries active within their borders.

WHY IS CHANGING? WHY?