All You Need to Know About Covid’s Impact on the Outsourcing & Offshoring Industry
Plunkett Research now provides complete coverage of the Coronavirus’s effects on specific industries, via both our industry almanacs and our Plunkett Research Online system.
Due to the Coronavirus, disruption occurred in many of the world’s major supply chains, from automotive components to building supplies to medical supplies. Additionally, the apparel industry has been one of the hardest hit of all industries, and apparel firms ranging from apparel manufacturing through distribution and retailing were deeply effected. Overall, Coronavirus has resulted in a reduction in international trade and exports, with a related reduction in outsourced and offshored manufacturing.
One way companies have tried to mitigate this problem is through reshoring. Many firms developed an increased interest in manufacturing domestically, or at least closer to home. For example, some American firms developed a new interest in moving at least some manufacturing back to the U.S. or to nearby Mexico. This reshoring effect will be particularly strong in goods and technologies that are considered to be critical in nature, ranging from items that are vital to providing health care during future pandemics (such as masks and other protective gear), to chemicals vital to the pharmaceuticals industry, to highly specialized electronics and components, to goods that are critical to national defense.
Plunkett Research, Ltd. is the leading provider of industry sector analysis and research, industry trends and industry statistics. Both our Plunkett Research Online and our 2021 Industry Almanacs feature coverage of the Coronavirus’s effects on specific industries. Our research reports and online subscription service are used by the world’s top corporations, consultants, universities, libraries and government agencies.
Plunkett’s products save time and effort when you need competitive intelligence, market research, vertical industry marketing data, or industry trends analysis. We cover such vital industry sectors as health care, financial services, retailing, entertainment, energy and information technology.
For everything you need to know about the global Outsourcing & Offshoring sector, see:
Plunkett’s Outsourcing & Offshoring Industry Almanac 2021
Available to Plunkett Research Online subscribers
See more information about the online edition here.
Also available in Almanac Editions.
Publication Date: July 2020 | Price: $379.99
Printed ISBN: 978-1-62831-575-2
eBook ISBN: 978-1-62831-881-4
See the complete listings of book contents and details here.