Supply Chain Connect Supply Chain Optionality: Reshoring, Nearshoring and Multi-Sourcing
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Oct 6, 2025 Rosemary Coates, Executive Director of the Reshoring Institute, brings her 25+ years of global supply chain expertise to discuss the shifting landscape of manufacturing. She delves into how tariffs are being weaponized geopolitically, causing economic ripples and planning paralysis for businesses. With insights on why U.S. electronics manufacturing isn't returning and Mexico's rising role in nearshoring, she also touches on the necessity of multi-sourcing in an unpredictable climate, providing crucial advice for executives grappling with these challenges.
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Tariffs As Geopolitical Weapons
- Tariffs are being used today as geopolitical weapons rather than purely economic tools.
- Rosemary Coates says this creates chaos and planning difficulty for businesses dependent on imports.
Tariff Volatility Freezes Investment
- Tariff volatility raises costs and freezes investment because firms cannot plan capital or hiring.
- Coates links unpredictable tariff swings to higher consumer prices and reduced domestic investment.
Actively Increase Domestic And Nearshore Sourcing
- Increase domestic sourcing for parts and materials where reshoring doesn't make economic sense.
- Consider Mexico as a nearshore option to reduce risk and shorten supply chains.