Speed and agility are essential criteria for today’s manufacturers. As the race to redraw the supply chain map intensifies, regional manufacturing hubs are emerging on every continent. 

中国 – the undisputed ‘factory of the world’ – is a case in point. For decades it provided Western industrial economies with a reliable way of keeping product prices low. 但这些日子很快就会过去. Instead of exporting low-cost products to far away regions, 中国 is now shifting its position to become a production powerhouse for its neighbouring countries in Asia.

今天, a wide range of disruptive factors are prompting global companies to rethink the geography of manufacturing and set up 操作 closer to customer markets. The march of digitalisation and automation, 气候变化, volatile trade barriers and the supply chain vulnerabilities exposed by the Covid-19 pandemic are just a few drivers of change.

Is the low-cost business model and outsourcing trend that peaked in the 1990s definitively outdated? What is the situation in 欧洲 and does 乐博彩票官方app hold a trump card in the shift toward near-market manufacturing?

为了找到这些答案, we present a collection of viewpoints from experts in 乐博彩票官方app’s industrial frontline. Explore their inside perspectives in this report.