How can “Friend-Shoring” help your supply chain?

Far from dropping your pals off at the beach, “friend-shoring” was a hot topic at the recent Supply Chain Leaders in Action conference. Speakers from IBM, Lenovo and other global players revealed how their companies are putting key supply chain facilities in “friendly” countries to avoid the disruptions we’re seeing in Russia, Ukraine, China and other parts of the globe.

“CargoBarn has built an expertise in drayage, providing solutions for this key link in the supply chain.”

This year’s SCLA event had a decidedly international mix of supply chain executives in attendance. Conversations elaborated on what’s happening globally, and the ripple effects here in the U.S. Near-shoring was another hot topic, with many companies moving their manufacturing and supply chain closer to home to avoid geo-political problems. CargoBarn has built an expertise in drayage, providing solutions for this key link in the supply chain. 

“Everyone is running into the same challenges,” said CargoBarn Vice President of Strategic Partnerships Chris Douglass. “So it feels like we’re all in this together. One idea from Lenovo is to increase the number of operating plants around the world, thereby shortening the supply chain cycle.”

“Jockey International also recommended owning more of your facilities,” Douglass continued. “For example, if your company is outsourcing its manufacturing, and your products are more than, say, 50 percent of the manufacturer’s output, you might as well buy that facility so you control it.”

For more solutions to your supply chain challenges, get in touch with us at CargoBarn.