Right-Shoring Your Supply Chain: Balancing Cost, Risk, and Resilience
Event Date & Time: Wednesday April 23, 12pm PST / 3pm ET
Choosing the right supply chain strategy isn’t just about cost—it’s about understanding and managing risk, supply chain resilience, and creating long-term value for your organization. As medical device manufacturers navigate tariffs, supply chain disruptions, and evolving regulations, the question is no longer just offshoring vs. reshoring—but rather, choosing the right models to strategically balance proximity, cost, and risk.
Join Dr. Todd Bauman, DBA, Sr. Director of Supply Chain at Ascential Medical & Life Sciences, for an expert-led webinar that breaks down key supply chain models and how to choose between them for sustainable success. Learn:
- The Evolution of Offshoring: How global manufacturing strategies developed and why they are shifting.
- Reshoring, Nearshoring, and Right-Shoring: Key supply chain models and when to apply them.
- Landed Cost Model: A data-driven framework for determining the true cost of goods beyond labor expenses.
- Total Cost of Ownership (TCO): Cost considerations beyond the Landed Cost Model, including operational costs, risks, and value creation.
- Proximity to Customer: How geographic strategy impacts cost, speed to market, and regulatory compliance.
With insights from his dissertation and real-world industry applications, Dr. Bauman will share how leaders in medical device manufacturing are shifting their strategies in response to supply chain volatility and changing global trade policies. This session will provide the practical tools and insights you need to optimize your manufacturing footprint, reduce risk, and improve your bottom line.
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Presenter
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).
TRUSTED BY
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).
TRUSTED BY
