By Kalyan Potluri
Evidence suggests that the likelihood of pandemics or other natural disasters has increased over the past century because of increased global travel and integration, urbanization, changes in land use, and greater exploitation of the natural environment (Jones and others 2008; Morse 1995). It is probable that these trends likely will continue and will intensify.
“Companies are restructuring and reorganizing their manufacturing and supply chain activities to continue to provide products and services as efficiently as possible.”
While one cannot predict exactly when or where the next epidemic, pandemic or natural disaster will begin or occur, the threat of more issues such as these are real.
However, many nations are taking this opportunity and are advocating bringing manufacturing back to their respective nations.