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Australian Manufacturers Say Reshoring by 2023 is Likely Due to Market Volatility, According to PROS Survey

Alex Zaharov-Reutt,

Investment in digital selling is imperative for long-term success, but most are underprepared, with 55% of manufacturing intending to bring operations back to Australia within the next three years, while 70% of survey respondents believing Australia has the technology, people and economy to support the industry boom.

PROS. https://www.pros.com The company says it is a provider of SaaS solutions that optimise every shopping and selling experience, via AI-powered solutions.

One in two Australian manufacturers responding to the survey (55%) intend to reshore their operations to Australia by 2023 following market volatility caused by the COVID-19 pandemic and international relations with neighbouring countries, according to the new PROS survey.

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