Why Companies Are Rerouting Their Supply Chains

Over the next three years, 45% of US companies expect to shift more of their global supply chains closer to home, mainly for supply continuity and closer proximity to customers, according to a recent survey of 200 companies by Bain & Company and the Digital Supply Chain Institute. US sectors, including electronics, toys, footwear and apparel, depend on China and Far East Asia for imports worth $680 billion.