Kolek planning to go pro
Supply chain is going to get royally fouled up again.
A lot of companies have spent the last year trying to onshore (at least a portion) to prevent a repeat of 2020. (I've quoted several.) The latest China events will only hammer home and speed up the process.
The blueprint that society decided works was out there. China had every opportunity to vaccinate their population in the last almost three years.They're skipping a very important step.
Vietnam,India and Eastern Europe are considered onshore? Seems like many businesses are just moving their sources to other countries.
Some are trying to diversify their supply chains that way, some are also moving portions back onshore.