Why the logistics industry needs to double down on ‘nearshoring’

 

Could switching from 'just in time' to 'just in case' help cut costs and ease supply chain pressure? Bart Coppelmans, director industry solutions, global head of supply chain and logistics, HERE Technologies explains the benefits Major geopolitical issues and Covid-19 have had huge detrimental impacts on strained global supply chains.

Uncertainty still hangs over the sector, driven by rising fuel prices, soaring shipping costs and rolling lockdowns globally.

In response, more and more companies are embracing 'nearshoring', which involves producing items [...]

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