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Location vs Bestshoring - What's the difference?

location | bestshoring |

As nouns the difference between location and bestshoring

is that location is a particular point or place in physical space while bestshoring is (business|neologism) the process of identifying the best location to which to move manufacturing or other industrial facilities.

location

Noun

(en noun)
  • A particular point or place in physical space.
  • * {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=68, magazine=(The Economist)
  • , title= T time , passage=The ability to shift profits to low-tax countries by locating intellectual property in them
  • An act of locating.
  • * 1886 November 12, Joseph Church Helm, opinion, Pelican & Dives Min. Co. ''v.'' Snodgrass'', reprinted in, 1887, , volume 12, page 207 [http://google.com/books?id=1ss-AAAAIAAJ&pg=PA207&dq=location]:
  • The Ontario tunnel was not located in pursuance of the law relating to tunnel-sites. Lewis failed to follow up his discovery of mineral therein with any effort whatever towards completing the statutory location of a mining claim.
  • (South Africa) An apartheid-era urban area populated by non-white people; township.
  • * 2011 , Dennis Brutus, Bernth Lindfors, The Dennis Brutus Tapes: Essays at Autobiography (page 188)
  • It is the sounds of apartheid, of the townships, the locations

    Synonyms

    * (a place) place

    Derived terms

    * geolocation

    Anagrams

    * ----

    bestshoring

    English

    Noun

    (-) (wikipedia bestshoring)
  • (business, neologism) The process of identifying the best location to which to move manufacturing or other industrial facilities.
  • * 2008 , George Stalk, John Butman, Five future strategies you need right now (page 8)
  • In the past several years, I've watched as companies have become highly skilled at performing what I call supply chain gymnastics — outsourcing, subcontracting, partnering, offshoring, bestshoring , and all the rest, primarily in China.
  • * 2010 , Franz Ammon, The Eastern European Expansion of the EU (page 13)
  • The important aspect is to do bestshoring .