Factors in choosing a production location include production rates at different sites, shipping costs, inventory management requirements, and risks like customs delays, strikes, and political conditions.
Companies in the U.S. have relocated around 145,000 factory jobs back to the country, while the trade war with China may have counteracted these gains by prompting some U.S. firms to move manufacturing operations.
#production-location-selection #supply-chain-strategy #global-trade-impact #manufacturing-shifts #financial-implications
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