Reshoring

Reshoring

Reshoring is a business strategy that involves bringing manufacturing and production processes back to a company's country of origin after having previously offshored them to another country, typically to take advantage of lower labor costs or other economic incentives. This reversal of offshoring has gained traction in recent years as companies reevaluate their global supply chains, considering factors such as rising labor costs in offshore locations, increased automation, the need for faster response times to market demands, and a desire to reduce the environmental impact of long-distance transportation. Reshoring can also be driven by government policies that incentivize domestic production, as well as a growing consumer preference for locally made goods. The decision to reshore is often based on a complex analysis of economic, logistical, and strategic factors, with companies weighing the potential benefits of increased control over quality, intellectual property protection, and proximity to customers against the challenges of higher labor costs and the need to invest in new infrastructure. As global economic conditions continue to evolve, reshoring is likely to remain a significant trend in manufacturing and supply chain management

manufacturing, production, supply chain, domestic

— Robert Anderson

CITATION : "Robert Anderson. 'Reshoring.' Design+Encyclopedia. https://design-encyclopedia.com/?E=432839 (Accessed on July 02, 2025)"