Onshoring

ˈɑːn ˈšɔhr.iŋ / onshoring

Definition

Onshoring is the opposite of offshoring.

In this practice, a company moves business operations previously performed overseas to the country it was originally located.

Often, a business chooses this route when the quality of work overseas doesn't satisfy its stakeholders. As a result, the company relocates its operations domestically, thereby helping its home country reduce its unemployment rate.

However, similar to offshoring, a primary drive behind onshoring is the low costs of labor and raw materials in the new location.

Not to be confused with insourcing, onshoring paves the way for a company to find service providers outside its organization but located in the same country. Meanwhile, insourcing limits its talent pool within the company's current workforce only.

Resources
Get in touch with us
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Philippine Office
3008 One Corporate Centre, Julia Vargas Avenue, Ortigas Center, Pasig City 1605, Metro Manila, Philippines
USA Office
552 E Carson St. Suite 104, Carson, CA 90745, USA
Contact Sales
Contact Recruitment