search

Offshoring, onshoring, nearshoring, bestshoring: what do they mean?

Offshoring, onshoring, nearshoring, bestshoring: what do they mean?
01/05/2015

As an original equipment manufacturer (OEM), you will have heard the terms 'offshoring', 'onshoring', ‘reshoring,’ 'nearshoring' and the like. If you are in the planning stages of an outsourcing programme it's important to understand each term and the implications of choosing between them.

Making the right decision about the location for your manufacturing supply chain could generate significant financial gains for your company - but get it wrong and you could be exposing your business to significant risk.

This blog will look at the terms offshoring, onshoring and nearshoring - and the lesser known 'bestshoring' - and will explain some of the opportunities, challenges and limitations associated with each.

Enquiry Form



More News

What does the 5S methodology really mean?

What does the 5S methodology really mean?

"5S relates to workplace organisation and forms a solid foundation upon which many organisations base their drive for continuous improvement." Kaizen...

Read More
How to have effective virtual meetings with your EMS provider

How to have effective virtual meetings with your EMS provider

Communication lies at the heart of a successful partnership between an OEM (Original Electronics Manufacturer) and an EMS (Electronic Manufacturing Se...

Read More
Southern Manufacturing and Electronics 2016 – planning your trip

Southern Manufacturing and Electronics 2016 – planning your trip

Arguably the UK's largest regional manufacturing technology, electronics and subcontracting exhibition, Southern Manufacturing and Electronics 2016 is...

Read More

Read More

Read More

List your business

Would you like to register your company on one of the UK's largest and most effective Trade websites?

Are you looking for a reliable and consistent source of enquiries from your industry sector? Would you like to see why Find the Needle clients come back year after year to use our service? If so then feel free to register using the link 'here'.

Register
Office Address: