Reshoring – Is It Really Happening and What Are the Benefits?

Reshoring – Is it really happening and what are the benefits?

Milan Panchmatia In the press

Reshoring or onshoring, is becoming increasingly popular in a number of sectors in the UK. The term refers to the practice of bringing back, or reshoring, functions previously outsourced overseas. There are a number of reasons why reshoring is a growing trend, namely a reduction in the wage gap between developed and developing economies, but also a desire to have more control over product quality and supply chain risks.

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