Why more businesses are nearshoring their supply chains

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The share of companies making moves to nearshore their production nearly tripled this year, according to McKinsey’s annual survey of supply chain leaders, Axios reports.  “Supply chain resiliency” is still a buzzword in many boardrooms—it didn’t fall away as COVID-related snarls dissipated. Nearshoring, or moving production closer to the end consumer, is now a bigger

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