Right-Shoring Your Supply Chain: Balancing Cost, Risk, and Resilience
Selecting the right supply chain strategy goes beyond managing costs—it requires a clear understanding of risk, resilience, and how to generate long-term value for your organization. For medical device manufacturers facing mounting tariffs, regulatory shifts, and ongoing global supply chain disruptions, the conversation has evolved. It’s no longer just about choosing between offshoring and reshoring. It’s about finding the optimal mix of cost efficiency, geographic proximity, and risk management.
This eBook explores how leading medical device companies are rethinking their global supply strategies amid growing uncertainty and trade policy changes. Inside, you'll find actionable insights and tools to help you reassess your manufacturing footprint, reduce exposure to disruption, and improve overall performance. Discover practical guidance on today’s leading supply chain models and how to select the best-fit strategy to build a more resilient, cost-effective future.
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Contributors:
Dr. Todd Bauman, Senior Supply Chain Director
Ascential Medical & Life Sciences
Dr. Todd Bauman is responsible for developing robust supply chain management strategies which mitigate risk and improve operational efficiency. Todd brings over 25 years of strategic leadership experience in supply chain operations across industries including medical devices, electronics, food, and industrial manufacturing. A supply chain enthusiast, Todd leverages his expertise to anticipate potential risks, solve complex problems, and identify pathways to success. Todd holds a Doctorate in Business Administration with a focus on Global Operations and Supply Chain Management from Capella University, an MBA from the University of St. Thomas, and a BA in Management from Bethel College. He serves on the Board of Directors for the Institute for Supply Management (ISM) and is a former board member of the Association for Supply Chain Management (APICS), where he earned the designation of Certified Supply Chain Professional (CSCP).
Chris Povich, Vice President of Global Sales, Automation
Ascential Medical and Life Sciences
Chris Povich is a technology sales leader with 25+ years of experience helping the world’s top manufacturers bring breakthrough products to market. He specializes in automated manufacturing and precision assembly solutions for medical device, semiconductor, aerospace, and advanced tech industries. As Vice President of Global Sales, Automation at Ascential Medical and Life Sciences, Chris helps customers accelerate ROI with end-to-end design and manufacturing solutions. He holds an Aerospace Engineering degree from Arizona State and an MBA in Innovation & Technology from Portland State.
