backshoring

[US]/ˈbæk.ʃɔː.rɪŋ/
[UK]/ˈbæk.ʃɔːr.ɪŋ/

Translation

n.The practice of bringing manufacturing or services back to the company's home country from overseas.
v.Present participle of backshore: the act of moving business operations back to the home country.

Phrases & Collocations

backshoring strategy

backshoring trend

backshoring initiative

backshoring policy

backshoring wave

backshoring decision

backshoring process

backshoring effort

backshoring program

backshoring movement

Example Sentences

many companies are considering backshoring their manufacturing operations.

backshoring can reduce supply chain risks.

the government offers incentives for backshoring initiatives.

backshoring has become a strategic priority for many businesses.

some firms are actively pursuing backshoring strategies.

backshoring allows companies to bring production closer to home markets.

the backshoring trend accelerated during the pandemic.

labor costs are a key factor in backshoring decisions.

backshoring can improve quality control.

companies are evaluating backshoring opportunities.

backshoring often involves relocating production facilities.

the backshoring movement gained momentum in recent years.

manufacturers are weighing the benefits of backshoring.

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