Q1 2024 BAROMETER: 2023 in Review: Is Nearshoring Becoming China’s Plus One?
Between global economic downturn and geopolitical tensions, 2023 placed significant pressure on brands and retailers to optimize their costs and secure their supply chains. For many, this meant refocusing their attention on China, increasing nearshoring efforts, or pursuing both strategies simultaneously.
Read the full articleJanuary 24, 2024