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Monday, September 1, 2014

ISM Conference: Nearly One-Third of Supply Professionals Likely to Reshore

ISM 2013 Annual Conference logoOn Sunday afternoon in Dallas-Fort Worth, attendees at the General Session at the Institute for Supply Management’s (ISM) International Supply Management Conference were polled on issues of interest. Thirty percent of the 575 attendees who participated in the poll are “likely” or “very likely” to reshore some of their sourcing this year.

“Reshoring,” as defined in the poll,  could refer to any reshoring within the country of origin for each participant, although where the reshoring would take place was not defined. Those who responded are generally high-level supply chain professionals with decision-making responsibilities.

In the ThumbTalk Interactive poll Sunday afternoon, 214 individuals, or 37 percent, said they are not likely to reshore their sourcing over the next year. About 190, or 33 percent, were unsure if they will.

“It is very significant that nearly a third of all [ISM supply chain professionals] expect to be reshoring more of their purchases back home instead of internationally,” said Tom Derry, CEO of the ISM. “I think the ramifications of global sourcing challenges are beginning to come home to roost.”

Thumbtalk Interactive is an audience participation tool that ISM is using at the conference to survey members on hot topics of the day.

The poll data are as follows:

 

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