IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-97-2708-7_5.html
   My bibliography  Save this book chapter

Current Trends in Reshoring, Nearshoring, Rightshoring, and Emerging Strategies

In: The Road to Outsourcing 4.0

Author

Listed:
  • Mohammadreza Akbari

    (James Cook University)

Abstract

The emergence of outsourcing and offshoring as key strategies for businesses has given rise to trends like reshoring, nearshoring, and rightshoring. These trends have challenged traditional models of outsourcing and offshoring and have significant managerial implications for supply chain firms. Reshoring increases geographical proximity but can be costlier, while nearshoring balances cost challenges with cultural and linguistic differences. Rightshoring allows firms to select the optimal location for each activity within the global supply chain but requires a thorough analysis of the costs, risks, and opportunities associated with each location. The COVID-19 pandemic has accelerated these trends as firms have faced disruptions in their supply chains and have re-evaluated the risks associated with offshoring. Geopolitical tensions and changing trade policies have also made it more difficult for firms to rely on traditional models of offshoring and outsourcing. This chapter discusses the recent trends in outsourcing and offshoring and their significant managerial implications for supply chain firms.

Suggested Citation

  • Mohammadreza Akbari, 2024. "Current Trends in Reshoring, Nearshoring, Rightshoring, and Emerging Strategies," Springer Books, in: The Road to Outsourcing 4.0, chapter 0, pages 95-117, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-2708-7_5
    DOI: 10.1007/978-981-97-2708-7_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-97-2708-7_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.