Nearshoring Services
Helping organizations attain regional and international market traction and evaluate footprint changes, through sourcing strategies, alternative location analysis (nearshoring), mergers and acquisitions and regulatory compliance achieving turnkey growth strategy formulation and execution.
Nearshoring Services
Going it alone? You need not take on the full burden of risk ...
International business can be viewed in many different ways, though with a nearly ubiquitous trait in common: high complexity. Broadly speaking, businesses operating internationally are commonly driven by new market expansion (e.g., access to new potential customers through new products and markets) or creating the ability to manufacture products in a more cost-effective manner and sell such products in their home markets. For many, data shows that both cases position companies to achieve maximum growth.
Coming home – nearshoring and onshoring
Contact our teamWith global expansion comes supply chain complexities and nuances that inherently add risk to the business. Now more than ever, business are looking for ways to minimize risk, create profitable growth, and streamline their supply chain. In some cases, businesses have either expanded too quickly or have simply injected to much risk into their overall supply chain. Baker Tilly’s structured approach to nearshoring (bringing operations to countries near their consumption points) or onshoring (bringing operations to the very country where items are consumed) helps such businesses more efficiently return and establish new operations closer to “home.”
Supply chains have been in a state of flux for the last 10 years, but with challenges like the COVID-19 pandemic and the blockage of the Suez Canal, companies are realizing the importance of understanding their supply chain in an effort to reduce costs and maintain control over their business. Baker Tilly offers a unique approach to helping clients look for manufacturing or assembly capacity outside the U.S., or inversely move operations from overseas closer. With a blend of management, technology and operations consulting knowledge, our professionals have deep industry experience. By leveraging this insight, we have developed a structured approach to help companies migrate existing services, establish a new facility, implement the proper technology and navigate the changing compliance and regulations that might keep you up at night.
