onshoring

[US]/[ˈɒnʃɔːrɪŋ]/
[UK]/[ˈɒnʃɔːrɪŋ]/

Translation

n.The practice of bringing manufacturing or other business functions back to a company's home country.; The process of relocating business operations to a company's home country.
v.To bring manufacturing or other business functions back to a company's home country.

Phrases & Collocations

onshoring jobs

onshoring strategy

encouraging onshoring

onshoring initiative

onshoring benefits

onshoring process

onshoring risks

supporting onshoring

onshoring locations

driving onshoring

Example Sentences

the company is actively pursuing onshoring strategies to reduce supply chain risks.

onshoring manufacturing can create jobs and boost the domestic economy.

we're considering onshoring some production lines to improve quality control.

government incentives often encourage businesses to engage in onshoring.

the benefits of onshoring include reduced transportation costs and faster lead times.

onshoring requires significant capital investment and workforce development.

many businesses are re-evaluating their global supply chains and exploring onshoring options.

successful onshoring requires careful planning and execution.

the trend towards onshoring is driven by geopolitical instability and rising labor costs overseas.

onshoring can strengthen a nation's industrial base and reduce reliance on foreign suppliers.

we are evaluating the feasibility of onshoring our customer service operations.

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