From Offshoring to Rightshoring: Focus on the Backshoring Phenomenon

Backshoring has been on the rise, as companies revisit their previous location and governance (make or buy) decisions, relocating business processes, manufacturing and services, which previously had been moved to an offshore or nearshore location, back to the country of origin. This article explores the drivers of this phenomenon and discussed a number of trends such as technological advances (e.g. industry 4.0) as well as closed-loop supply...