2016
DOI: 10.1007/s12063-016-0118-8
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Cited by 11 publications
(1 citation statement)
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“…Globalisation has historically mitigated some of these issues through offshoring and outsourcing to countries with lower labour costs. However, as these lower labour-cost countries gradually became more industrialised, their economies grew, and slowly, their labour costs increased as well -mitigating the cost advantages seen by Western manufacturers from high labour-cost countries in the first place (Barbieri & Stentoft, 2016). Add to that the recent disruptions in supply chains due to the COVID-19 pandemic, the accident causing the Suez Canal blockage, and geopolitical conflicts -such events have only prompted an even more aggressive strategic shift.…”
Section: Term Descriptionmentioning
confidence: 99%
“…Globalisation has historically mitigated some of these issues through offshoring and outsourcing to countries with lower labour costs. However, as these lower labour-cost countries gradually became more industrialised, their economies grew, and slowly, their labour costs increased as well -mitigating the cost advantages seen by Western manufacturers from high labour-cost countries in the first place (Barbieri & Stentoft, 2016). Add to that the recent disruptions in supply chains due to the COVID-19 pandemic, the accident causing the Suez Canal blockage, and geopolitical conflicts -such events have only prompted an even more aggressive strategic shift.…”
Section: Term Descriptionmentioning
confidence: 99%