Embracing Successful Nearshoring Strategies
Global supply chains continue to face disruption, prompting orthopedic companies to evaluate not only where they manufacture, but how their overall manufacturing footprint is designed. While nearshoring and onshoring are often tactical responses to risk, leading organizations are also taking a more strategic approach by reassessing their global manufacturing networks for resilience, efficiency, and scale. This informative and interactive session explores how to strategically approach manufacturing footprint decisions, including consolidation, capacity alignment, and network simplification. Speakers will share practical perspectives on how to turn footprint strategy into a competitive advantage and how to identify the triggers that consolidation may be the right next move.
Partners from Plante Moran will speak during this session.
Key Takeaways
- Gain insight into how orthopedic companies are evolving manufacturing footprints to drive competitive advantage.
- Identify the signals that indicate consolidation may be the right next move.
- Understand the tradeoffs, cost considerations, and execution challenges of manufacturing footprint decisions.