Business, Freight News, Logistics

Reshoring Initiative Partners with Walmart to Help Suppliers Reshore

[ August 25, 2015   //   ]

The Reshoring Initiative recently announced on August 20 a program in partnership with Walmart to help companies manufacture more consumer products in the United States.
Walmart has committed to increase its U.S. purchases by $50 billion annually by January 2023. Harry Moser, founder and president of the Reshoring Initiative observed, “We were honored to be called on by Walmart to support its Made in USA program. We estimate the company’s increased purchases will add 300,000 U.S. manufacturing jobs. Helping Walmart succeed fits our Mission perfectly.”
The new program provides direct, personal access to 35 manufacturing trade associations, companies, banks, U.S. Commerce Department offices and other groups. Each group has assigned dedicated resources to help companies develop and implement plans to produce or source more domestically produced goods. The program launch was coordinated with Walmart’s Open Call and U.S. Manufacturing Summit in Bentonville, Arkansas, which was attended by the U.S. Commerce Secretary, two governors and current and prospective suppliers.
“When Walmart committed to buy an additional $250 billion over 10 years in products that support American jobs, we knew we could also play an important role as facilitator and accelerator,” said Cindi Marsiglio, vice president of US manufacturing at Walmart. “We created to help companies find resources on manufacturing in the U.S. The Reshoring Initiative’s support page is a great addition to that resource library.”
The Reshoring Initiative concludes that Walmart has supported at least 43 suppliers to add 4,579 or more U.S. manufacturing jobs so far, and is currently the largest force driving reshoring.

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