Backshoring and nearshoring: An overview

Abstract

Increasingly, economies that have traditionally benefited from offshoring are losing some of their strategical advantages, with a consequent increase in backshoring by developed economies. This paper describes the phenomenon and tries to shed light on the current challenges, trends, and debates in the area, and on the main determinants of backshoring. A new phenomenon known as nearshoring is also analysed—this consists of relocating some previously offshored manufacturing activities so that they are now close to previous core locations, but not so close as to suffer from disagglomeration effects. This combines the advantages of offshoring and backshoring.

Back-shoring vs near-shoring: a comparative exploratory study in the footwear industry

“… Resources, Conservations & Recycling X 2019 Oshri, I., Sidhu, J.S., Kotlarsky, J. Journal of Business Research X X 2019 Piatanesi, B., Arauzo-Carod, J.M. Growth and Change X 2019 Radi, D., Lamantia, F., Bischi, I.…”

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“…At the same time, Yu and Kim ( 2018 ) explicitly requested future research should define criteria to compare near- and back-shoring alternatives. This request assumes a growing relevance when you consider Piatanesi and Arauzo-Carod ( 2019 ) who pointed out that near-shoring “is still a limited phenomenon […] but it is reasonable to assume [… it …] will relatively soon increase significantly”. They justify their statement pointing out that the near-shoring alternative combines the advantages of both off-shoring and back-shoring strategies (Piatanesi and Arauzo-Carod 2019 , pp.…”

Digital Innovation for the Sustainability of Reshoring Strategies: A Literature Review

“…A lively debate is currently underway between scholars, practitioners, and policymakers, who are called to solve the dilemma of reshoring or not [8]. In fact, bringing manufacturing back home is one of the current imperatives for research [9], because it still calls for better understanding the phenomenon per se and the related ones, named backshoring (or the relocation back to the home country of the firm) and nearshoring (or the relocation to a closer neighboring country) [10][11][12]. This research gap has led to the emergence of one of the major questions that call for an answer in the literature.…”

Mañana Today: A Long View of Economic Value Creation in Latin America

“…These trends continuing will offer immense opportunities for LAC to reset its place in North American GVCs, which Asia had taken away in the 1990s. LAC is nearer, its labour is cheaper than in the US, and intellectual property risk is less than Asia’s (Piatanesi and Arauzo‐Carod, 2019). This unique opportunity will not last; LAC’s public and private sectors must exploit it now.…”