reshoring
Bringing production back
Reshoring is the practice of bringing manufacturing or business operations back to one's home country after they had been moved abroad.
The opposite of offshoring, it's driven by factors like rising overseas labor costs, supply chain disruptions, or political pressure: The pandemic accelerated reshoring as companies sought more reliable suppliers.
Also called onshoring.
Assigning work internally
- localizationAdapting for specific markets
- tariffsTaxes on imports
- protectionismShielding local producers
- competitivenessDrive to outperform others
self-sufficiency · globalization · deglobalization · regionalization · autarky · subsidies
Industrial production facilities
- productionMaking or generating something
- automationSelf-operating system design
- roboticsAutomaton design field
- workforceAll available workers
capacity · assembly · fabrication · just-in-case · precision · tooling · OEM · semiconductors
Permanent change of residence
- repatriationFormal return to homeland
- logisticsCoordination of complex activities
- proximityNearness in space
- infrastructureBasic physical systems
incentives · feasibility · transition · implementation · cost-benefit
Positions of employment
- hiringGiving someone work
- trainingDeveloping abilities through practice
- apprenticeshipsSupervised vocational training periods
- employmentPaid occupation status
vocational · reskilling · upskilling · union
Supreme independent authority
- self-relianceDepending on oneself alone
- sanctionsPunitive international restrictions
insourcing
Assigning work internally
- localizationAdapting for specific markets
- tariffsTaxes on imports
- protectionismShielding local producers
competitiveness · self-sufficiency · globalization · deglobalization · regionalization · autarky · subsidies
factories
Industrial production facilities
- productionMaking or generating something
- automationSelf-operating system design
- roboticsAutomaton design field
workforce · capacity · assembly · fabrication · just-in-case · precision · tooling · OEM · semiconductors
relocation
Permanent change of residence
- repatriationFormal return to homeland
- logisticsCoordination of complex activities
- proximityNearness in space
infrastructure · incentives · feasibility · transition · implementation · cost-benefit
jobs
Positions of employment
- hiringGiving someone work
- trainingDeveloping abilities through practice
- apprenticeshipsSupervised vocational training periods
employment · vocational · reskilling · upskilling · union
sovereignty
Supreme independent authority
- self-relianceDepending on oneself alone
- sanctionsPunitive international restrictions
- outsourcingoutsourcing, outsource, insourcing, subcontract, subcontracting
- protectionismprotectionism, trade barriers, tariffs, import quotas, trade restrictions
- manufacturingfactories, factory, car factory, assembly plants, electronics factory
- Megatrendsclimate change, globalization, digitalization, AI, decarbonization
- trade policytariff, free trade, quotas, protectionism, sanctions
- industrial policyindustrial planning, industrial zones, state aid, state enterprises, state ownership
reshoringoffshoring
Moving work overseas
outsourcing · globalization · race to the bottom · global supply chains · deindustrialization
shore, seashore, shoreline, ashore, offshore, shorebird, onshore, foreshore, longshoreman