The COVID-19 pandemic has highlighted the risks of offshoring, pushing businesses and governments to re-evaluate the current value chains and their regulation. These risks, combined with the erosion over the last decade of the cost advantages of many offshore locations, is driving the need to re-assess the location of our value chains.
Unfortunately, there has been no model or framework to assess how to drive back the nearshoring of activities. In this session, Professor Carlos Cordon proposes a model based on the framework businesses use to make sourcing and location decisions, as well as the research done by academics about value chains.
The conclusion is that there are many opportunities that businesses could take advantage of, given the forthcoming changes in the business context, particularly as consumers expectations are evolving towards higher product variety, customization and instant gratification.
During this event, you will:
This event is useful for executives involved in decisions about where to locate activities, from where to source activities and for those that want to develop business taking advantage of the nearshoring drive