The company aims to aid customers seeking information and knowledge about supply chain behavior to support product safety, compliance, and risk mitigation.
Robotic automation and workforce upskilling also essential to return of operations
June 28, 2022
According to a survey of 1,610 executives in the U.S. and Europe, ABB says they have found that 70% of U.S. businesses are planning changes in their operations, with 37% planning to bring production back home and 33% looking to nearshore and shift their operations to a closer location.
It is important for organizations to have a solid forecasting system in place for budgeting already, but even more so now with rising costs and inflation.