Re-Shoring OEMs Challenged to Meet Expectations of Consumers & Regulators

For the past few decades, OEMs based in the U.S. have had many good reasons to ship the bulk of their manufacturing and supply chain jobs to other countries in the APAC region. The most compelling reason was that it dramatically reduced costs. Other benefits included less stringent regulations and greater convenience. The massive supply chain network they have built around the world, especially in APAC, is, in the opinion of many, a triumph of globalization.   By: Linda Li, Chief Strategy Officer, Li Tong Group (LTG)