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Offshoring vs Reshoring - What's the difference?

offshoring | reshoring |

As nouns the difference between offshoring and reshoring

is that offshoring is the location of a business in another country for tax purposes while reshoring is reversal of offshoring; the transfer of a business operation back to its country of origin.

As a verb offshoring

is present participle of lang=en.

offshoring

English

Verb

(wikipedia offshoring) (head)

    • Noun

    (-)
  • The location of a business in another country for tax purposes

    • See also

    * outsourcing

    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.