Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook. – The Wall Street Journal

With the machinery of international trade slowed, business leaders are ditching, at least temporarily, overseas partners and the conventional wisdom of the global economy in favor of reliability, even if it costs more.

Some are moving workers and production facilities closer to home and relocating plants closer to suppliers. Others are buying their suppliers or bringing former contract work in-house.

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