A synonym of reshoring; to repatriate production to the home country.
Published in Chapter:
Proposing an Integrative Model for Reshoring Antecedents
Joel Pedroso Vaz (Universidade Lusíada Norte, Portugal),
Ana Maria Soares (School of Economics and Management, University of Minho, Portugal), José Carlos M. R. Pinho (University of Minho, Portugal), and Susana Costa e Silva (Católica Porto Business School, Portugal & Wrocław University of Economics, Poland)
Copyright: © 2019
|Pages: 20
DOI: 10.4018/978-1-5225-8906-8.ch009
Abstract
The economic reasons that dictated offshoring for countries such as China are vanishing. Customers are increasingly demanding and more informed about the origin and methods of production of the products they buy, and governments are realizing the impact of manufacturing. This new reality is encouraging many companies to relocate their activities and, in some stances, returning manufacturing processes back to their home countries. This rather recent process, known as reshoring poses challenges of all kind with managerial implications in logistics, marketing, strategy, finances, commercial strategy, innovation, and human resources management. Reshoring antecedents are fundamental concepts for the understanding of the sources that may conduct those activities back home. This chapter takes one step in this direction and proposes a comprehensive model of the antecedents of reshoring that can be applied to a specific industry or sector. In particular, the authors examine the important role of economic, marketing, and social/political antecedents.