Firms Diversify Supply Chains Amid Global Shift From China
Global supply chains are undergoing profound transformations as companies seek diversification to mitigate risks. A Kearney report indicates that 96% of CEOs are considering reshoring. The US has seen a surge in imports from Mexico, signaling the rise of nearshoring. While Asia remains a manufacturing hub, companies are reducing reliance on China, shifting to India, Southeast Asia, and other regions. Businesses should assess risks, diversify procurement, and leverage technology to build agile and resilient supply chains.









