Thomas News Highlights

News Highlight

Supply Chain Management Review: Reshoring is Booming – Some Astonishing Statistics to Ponder

Thomasnet surveyed over 500 industrial buyers - 83% of these buyers said they intended to find and place 10-12% more orders with domestic suppliers this year than last.  Based on Thomasnet’s collected buying data from past years as compared with next year, this simple change – buying 10%-12% more U.S.-made products - could inject $443 Billion into the US economy. WOW!


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News Highlight

Plastics Today: Reshoring Surges to Record High

Thomas released its findings in the “2021 State of North American Manufacturing Annual Report.” A provider of actionable data, analysis, and tools supporting industrial procurement, Thomas canvassed the North American manufacturing and industrial sectors. While the report reveals multiple shifts in domestic sourcing trends and supply-chain demands, the key takeaway is industry’s growing prioritization of reshoring in the aftermath of COVID-19 and the associated benefits of this shift for the US economy.

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News Highlight

Forbes: Remote 2.0: The Future of WFH

As we continue to deal with the long-lasting effects of COVID-19, businesses are looking at how the pandemic is shaping the ways in which we work. Leaders are reconsidering their fixed infrastructure, with many turning to a remote-first model. 

Remote 2.0 offers exciting opportunities for industry. Technological convergence, video, and employee-centric well-being will each play a unique role in shaping how we do business and where the future of business is headed. 

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