In this interview, Ray Hein, CEO of Propel, and Dario Ambrosini, CMO of Propel, share their individual perspectives on nearshoring, the chip shortage, China’s Belt and Road Initiative, and Biden’s infrastructure plans.
Here's an excerpt from the interview, shared by Ray Hein:
"This nearshoring trend we’re seeing reduces risk for manufacturers. The cost of shipping is being eliminated, which is huge during the pandemic when manufacturers want to save on capital and be in a better financial position. Due to pandemic risk, organizations need multiple points of manufacturing to ensure a more resilient supply chain that won’t be affected."