Covid-19 has been called a ‘once-in-a-century’ pandemic and although we may finally have a vaccine to help us through this, the damage has been done, lives have been lost, businesses closed down, our economy vulnerable. Our country's weakness... relying too much on global manufacturing.
Our reliance on global manufacturing left us unable to provide the necessary PPE (personal protective equipment), ventilators, and other essential items needed during this crisis. Is it possible that more lives may have been saved and our economy remained resilient in the face of this pandemic if we had a stronger manufacturing base? We think so.
Manufacturing more essential items in the US would have meant people getting the necessary PPE and life saving equipment faster helping to slow the spread of the virus and care for those who do get it. By producing these items in the USA we also provide more jobs which would have a positive effect on our economy.
We have touted the importance of ‘American Made’ for years, and if there is one good thing that has come from this pandemic, it is the opening of eyes to what happens when our supply chains rely too heavily on global sources. Finally our government and corporate executives alike are all beginning to rethink our nation’s supply chain and the positive effects of ‘reshoring.’ Below are links to several interesting articles on the topic, give them a read and, as always, feel free to let us know your thoughts!
Why Reshoring Could Be the Wave of the Future >
US Manufacturing Presents its Biggest Opportunity in 70 Years >
The American Dream : Reshoring Manufacturing >