1、The great global supply chain reset is here.Are you ready to regenerate?Photo by Joanna Kosinska Kearney AlumnaA decade in the making,reshoring and nearshoring momentum is at a breakthrough point in the United States and soon globally.Heres how electronics manufacturers can win the global supply cha

2、in reset and build powerful,regenerative supply chains.Global supply chains that took decades to build are now undergoing a transformation that will take only a few years to reset.Driven by a wave of reshoring and nearshoring,and coupled with electronification of new products,electronics manufacture

3、rs are rewiring their strategies for market leadership for the next five years and beyond.But a big question remains:to meet powerful demand growth,will manufacturers win by increasing their own manufacturing skills,turning to outsourcing partners,or following a hybrid approach?The answers,which wil

4、l be shaped largely by how the supply chain reset shifts resources,could remake industry leadership through this decade and beyond.The signals are clear that the traditional electronic manufacturing model,which relied on cheap labor and high manufacturing and design skills in China and other Asian c

5、ountries,received a stress test from COVID-19 and growing geopolitical pressures,especially between the United States and Chinaand did not score well.The result:American companies are accelerating bets to reshore or nearshore operations closer to home and European firms are expected to follow the sa

6、me path.Consider these momentum trends identified in the Kearney Reshoring Index 2022:Seventy-one percent of surveyed US CEOs report they are being asked by their board about near-/reshoring.Ninety-six percent of CEOs indicate they are either evaluating reshoring,have decided to near-/reshore,or hav