The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
new-shoring emerges as a strategic alternative to traditional offshoring models
SRKay Consulting Group has released a whitepaper highlighting the shift from traditional offshoring to New-Shoring, driven by geopolitical tensions, supply chain disruptions, and rising labor costs. With 76% of CEOs viewing New-Shoring as a long-term strategy, India, Vietnam, and Mexico emerge as top destinations due to their skilled workforce and regulatory stability. The report emphasizes the importance of AI in site selection and the need for sustainability in business expansion.
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