The Financial Effects of Onshoring on Publicly Traded Companies in the United StatesShow full item record
The Financial Effects of Onshoring on Publicly Traded Companies in the United States
This study focused on the phenomenon of onshoring and its effects on companies in the United States. Through the study of inventory, inventory turnover, cash-to-cash cycle, return on assets, and revenue growth, this study specifically evaluated the effects of the onshoring sourcing strategy on relevant supply chain measures. This was done to determine if onshoring is financially beneficial for companies involved. This document determines that onshoring is beneficial for firms in terms of inventory measures, but the strategy did not create a significant difference in other measures of profitability. The manuscript then proposes extraneous factors impacting the results of the study. Implications for the future of business and the labor force in America are discussed.