Reshoring: Reassessing the Offshoring Strategy
DOI:
https://doi.org/10.31686/ijier.vol3.iss11.464Abstract
This paper examines the motives behind the growth of the offshoring movement embraced by most American manufacturing firms beginning the late part of the 20th century. The motives behind the offshoring trend started as a basic move to reduce the labor costs of manufacturing. It later evolves into a new business model for organizational growth and expansion into the global markets.
But, beginning about 2010, the offshoring movement began to be replaced with a trend to bring manufacturing jobs back to the U. S. A. This became known as the reshoring movement. This paper examines the forces behind the reshoring movement as well as some of the reactionary forces and obstacles which the reshoring movement will have to address if it is be become and remain as a sustainable business strategy for American manufacturing.
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