It is time for U.S. companies to reevaluate their offshore souring, Harry Moser told the New England Fastener Distributors Association.
Moser, the founder and president of Reshoring Initiative, said “with clear evidence of the fragility of global supply chains, Chinese and other low labor cost country wages rising rapidly, the U.S. dollar declining and oil soaring, this is the perfect time for U.S. companies to reevaluate their offshore strategies and bring some of the sourcing home.” (…)