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Reshoring vs. Friend-shoring: 2024 Outlook

3 min readMarcus Chen · Director, Global Markets

An analysis of shifting global supply chains and the geopolitical factors driving regional manufacturing hubs.

Supply-chain strategy has returned to the board agenda. After years of optimization for cost alone, leaders are pricing resilience, political alignment, and talent availability into location decisions.

Reshoring appeals where automation offsets higher labor costs. Friend-shoring spreads risk while preserving access to preferential trade frameworks. Talent is the hidden constraint in both paths.

Reshoring appeals where automation offsets higher labor costs. Friend-shoring spreads risk while preserving access to preferential trade frameworks. Talent is the hidden constraint in both paths.

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Reshoring vs. Friend-shoring: 2024 Outlook | New Paradigm Consulting