Reshoring and Automation
, by Jim Ryan, 1 min reading time
, by Jim Ryan, 1 min reading time
Louis Columbus notes that automation might help cut reshoring costs. "Automation is a proven strategy for reducing labor costs and increasing shop floor productivity, making nearshoring and reshoring a profitable alternative to offshoring." He lists inventory management, productivity, speed and consistency, and more as areas where automation provides the needed support.
As the experience of Stanley in reshoring Cratsman to Ft. Worth shows, the reshoring-via-automation process is not without its pitfalls.