Shoring up offshore.

The current COVID crisis has highlighted the reliance many businesses place on offshore production, and the impact it can very quickly place on their day to day operations.

At Dynamix, we are already seeing local companies who have historically used offshore manufacturers for their cost savings now seriously considering other means of sustainable production with onshore suppliers.

The greater control and ability to flex up or down to suit business requirements so far looks to be outweighing any extra costs incurred.

This is not to say we believe the production of all items will become local! There will always be certain types of work produced better overseas, just think Apple, Dyson or Beat packaging. But perhaps it is triggering people to think about bringing production closer to home as and when it makes sense. Similar to the trend we have seen explode around consumers shopping locally during this pandemic.