As Information Technology advanced in the 1980's, companies started outsourcing and focusing more on their core competencies. The world became smaller, shipping faster and bigger and in the 1990's companies started off-shoring. In 2020, the COVID-19 pandemic revealed to companies that the advantages of off shoring no longer held true and started reshoring or nearshoring.

The pandemic revealed things to the average person too. The next big shift in industrialization will be "in-housing".

Industry will move closer to the end user until it quite literally resides in their house. Most of manufacturing will take place inside the domicile eliminating the time between purchase and when an item is received.

Why do I believe this is the natural progression for Industry? The answer lies in the Value Equation so eloquently presented by Alex Hormozi