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Nearshoring vs Reshoring - What's the difference?

nearshoring | reshoring |

As a verb nearshoring

is .

As a noun reshoring is

reversal of offshoring; the transfer of a business operation back to its country of origin.

nearshoring

English

Verb

(head)

    • reshoring

    English

    Noun

    (-)
  • Reversal of offshoring; 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.