Rethinking Manufacturing Supply Chains Amid Coronavirus Disruption

April 15, 2020

April 15, 2020 How will coronavirus-related supply chain disruptions drive companies to rethink manufacturing location strategies? Will North American companies with Asian operations seek to relocate back home? How fast should companies act? How can manufacturers manage their workforce needs and best serve customers today? “In terms of how supply chains have evolved over time, thirty, forty years of globalization have resulted in the concentration of supply chains in some industries that haven’t been apparent to anybody until the epidemic” explained Dennis Meseroll, Tractus Executive Director and Co-Founder in this week’s webinar with Michelle Comerford of Biggins Lacy Shapiro & Company. “We’ve come to see that for some types of products and services, there’s way too many eggs in too few baskets around the world. For example, 99% of the world’s active pharmaceutical ingredient in aspirin is produced in China.”