Fifty-seven percent report a year-on-year increase in unfilled jobs, while the average cost to replace increasingly skilled manufacturing posts is $20,000-40,000 says survey
Firms with tier one suppliers in China had worse-performing supply chains and profitability says research, while Mexico is now the US’ top trade partner
Factory space, workers and the availability of components and chemicals are the major obstacles for leadership teams looking to reshore and nearshore electronics manufacturing capacity