La-Z-Boy ramps production to shorten up to 9-month lead times

URLhttps://www.supplychaindive.com/news/la-z-boy-prod
SourceSUPPLYCHAINDIVE
Date Published02/23/2021
Author NameA.B. Brown
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name La-Z-Boy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredfurniture
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Other, Covid-19, import replacement
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