Are you considering onshoring and nearshoring and the benefits of bringing your manufacturing and sourcing to North America for a more efficient and reliable operation?
As companies seek to adapt to the challenges left by the pandemic, the ongoing political instability around the world, and a consumer push to purchase goods produced and sourced locally, many organizations are reassessing the efficiency and resilience of their supply chains. One trend that has emerged is onshoring, which has as an implication a move away from long, complex global supply chains to more localized and agile networks.
At Radius Logistics, we play a crucial role in facilitating this transition.
First and foremost, we are here to accommodate the changes in demand and volume that come with onshoring and shifting supply chains. As production and sourcing become more regional, we adjust our capacity and capabilities to meet new requirements. This requires investing in new equipment, hiring additional staff, or revising our processes to accommodate new shipments.
Second, we provide end-to-end visibility and control over the supply chain, ensuring our clients clearly understand the movement of goods from the factory floor to the customer’s doorstep. This helps companies make informed decisions about production, inventory, and delivery and ensures that goods are delivered on time and in good condition.
Third, we offer flexible and reliable delivery options. With the move towards local supply chains, we need to provide more frequent and smaller shipments, often to a broader range of locations. This requires a logistics network capable of quickly responding to demand changes and delivering goods to the right place at the right time.
Fourth, we support our clients in managing supply chain disruptions’ risks. With more localized supply chains resulting from onshoring, companies are exposed to new risks, such as supply chain interruptions or fluctuations in demand. We must manage these risks through contingency planning, mitigation strategies, and real-time supply chain monitoring.
ONSHORING IS ALSO GOOD FOR THE ENVIRONMENT
An additional and welcomed benefit of producing goods locally, it positively impacts sustainability in several ways. Shorter supply chains typically reduce transportation distances, lowering greenhouse gas emissions and other environmental impacts of shipping goods. Companies can better monitor and improve their sustainability practices by having a more direct and local relationship with suppliers, such as reducing waste and emissions and implementing sustainable sourcing practices.
Our role at Radius Logistics in supporting our clients with their onshoring strategy and the relocation of supply chains is critical. By offering flexible, reliable, and sustainable delivery options, we are vital to helping companies achieve their goals and thrive in a rapidly changing business environment.