Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Nearshoring

Nearshoring Definition

Nearshoring or "nearshore outsourcing," is a concept for the form of outsourcing in which business processes are relocated to locations which are cheaper and yet geographically nearer.


Nearshoring can also be contrasted with offshoring or offshore outsourcing, which implies relocation of business processes to cheaper locations, typically quite far from the parent location.


Major nearshoring destinations for US businesses are Mexico and Canada, and in Western Europe, include Ireland, Eastern Europe and the Maghreb.

RELATED TERMS
Outsourcing




Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z