different between offshoring vs reshoring

offshoring

English

Verb

offshoring

  1. present participle of offshore

Noun

offshoring (usually uncountable, plural offshorings)

  1. The location of a business in another country for tax purposes or lowering production costs.

See also

  • inshoring
  • outsourcing

offshoring From the web:



reshoring

English

Etymology

From re- +? shoring, after offshoring.

Noun

reshoring (uncountable)

  1. The transfer of a business operation back to its country of origin.
    • 2011, Sheridan Prasso, Why we left our factories in China:
      Sleek Audio is part of a trend called reshoring, in which primarily small businesses decide that China is a hassle and that they want to bring their operations closer to home, where the recession has lowered costs, created workers eager for jobs, and made it easier to justify U.S. manufacturing.

See also

  • repatriation

Anagrams

  • Rhosneigr

reshoring From the web:

+1
Share
Pin
Like
Send
Share

you may also like