Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement
Una
OCTOBER 12, 2023
The primary motivation for nearshoring is to benefit from cost savings while maintaining cultural and logistical proximity, which can reduce risks and enhance collaboration. Rightshoring Rightshoring is a strategic approach that focuses on finding the optimal balance between onshoring, offshoring, and nearshoring.
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