What will the economic recovery look like? A recent Reuters poll of more than 50 economists revealed predictions the global economy could shrink as much as 6% or grow up to 0.7% by the end of 2020.
While no one can pinpoint exactly how long it will take for the economy to ramp back up, we can be certain that manufacturers in all industries are looking for ways to avoid costly delays in the production of their products.
How VCC and Other Innovators Are Leading The Charge
A seismic shift from offshoring to nearshoring is predicted to minimize risks of supply chain disruption. This topic is of particular importance in the electronics industry, where even OEMs without production facilities in China likely still have multiple suppliers based there.
To address how electronics manufacturers can strengthen their supply chains in ever-changing times, Insomnicat Media is hosting the webinar, “A Key Player in the Future of U.S. Manufacturing,” on May 19th at 3 EDT.
During this panel discussion, leaders from forward-thinking companies like VCC will be discussing what manufacturing could look like soon — and what offshoring companies should consider doing now.
