TOP 10

The rise of a more technical labor force to manage supply chain operations — combined with rising wages in Asia , higher shipping costs and the need to accelerate time to market to meet retailer and consumer demands — has led to more companies shifting their manufacturing strategies from outsourcing overseas to developing products closer to where they will be sold . “ Next-shoring ,” as this tactic has been dubbed , allows manufacturers to increase the speed at which product is replenished on store shelves . The faster inventory can be moved to the consumer , the sooner the costs to warehouse , ship and dock goods can be freed up .

26 February 2015