2018
DOI: 10.3846/bme.2018.2480
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Reimagining Finland as a Manufacturing Base: The Nearshoring Potential of Finland in an Industry 4.0 Perspective

Abstract: After decades of globalization and outsourcing the idea of “bringing manufacturing back home” and the twin concepts of backshoring and nearshoring have received much attention in recent years. Recent positive stories from the Finnish manufacturing industry suggests Finland as an attractive target for nearshoring, yet little to none has hitherto been made of this connection. This article (i.) examines recent relocation literature with a focus on nearshoring and manufacturing in high-cost environments, (ii.) exp… Show more

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Cited by 14 publications
(3 citation statements)
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“…Quality- and innovation-oriented reshoring relates to the upgrading of products, value-added operations, and the need for collaboration with the R&D and marketing functions, which is easier to achieve when all activities are in the same location. Current literature suggests that there is an intimate relationship between reshoring and various forms of technological innovations and developments in manufacturing, such as intelligent supply chains [ 33 ]. Knowledge and competence factors play an important role in the ongoing reshoring trend, especially when technology is the main driver [ 16 ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Quality- and innovation-oriented reshoring relates to the upgrading of products, value-added operations, and the need for collaboration with the R&D and marketing functions, which is easier to achieve when all activities are in the same location. Current literature suggests that there is an intimate relationship between reshoring and various forms of technological innovations and developments in manufacturing, such as intelligent supply chains [ 33 ]. Knowledge and competence factors play an important role in the ongoing reshoring trend, especially when technology is the main driver [ 16 ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…in Germany and the United States, has been to ensure the continued competitiveness of industries in high-cost manufacturing environments. According to this idea increased uptake of robotics and automation help 'bring manufacturing back' (Kaivo-oja et al, 2018;Ancarani et al, 2019). While the hypothesis is still being tested (see e.g.…”
Section: Cobots As a Response To Geopolitical Shiftsmentioning
confidence: 99%
“…Kaivo-oja at al. [8] notice that sustainable Industry 4.0 and sustainable manufacturing should be built concurrently.…”
Section: Introductionmentioning
confidence: 99%