The U.S. manufacturing industry is evolving at a rapid pace, driven by new technologies, smarter supply chains, and an increasingly dynamic workforce. This year, small manufacturers will face a mix of opportunities and challenges as they navigate these changes. To stay competitive, small and medium-size manufacturers (SMMs) will need to integrate cutting-edge technologies that were once only a reality for larger enterprises, and train their workforce on how to use these technologies. Here’s a breakdown of our key predictions and what manufacturers can expect.

Reshoring and stronger domestic supply chains

The Covid-19 pandemic and global disruptions have made it clear that traditional supply chains are vulnerable. As a result, reshoring—bringing manufacturing back to the U.S.—is expected to accelerate in the coming years. This trend will lead to reduced dependence on overseas suppliers, mitigate risks, and create more resilient domestic supply chains.

Predictions

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