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Author: Niklas Nie Publisher: ISBN: Category : Languages : en Pages : 87
Book Description
Reshoring of production processes gained importance after the occurrence of the Covid-19 pandemic, which resulted in massive supply chain disruptions in global networks and increased discussion about regionalization of supply chains. This paper targets to identify reshoring drivers and limits, measure their importance for companies' reshoring decisions and their potential to support the development of regional supply chains. Further, it detects changes in importance over time, the underlying geographic movement, and the impacts of Covid-19 on the reshoring debate and companies' decisions. I will use a combination of valence analysis and an inductive category formation approach to achieve the research objective. The research material is news articles collected from the LexisNexis database. 3.877 articles are collected. The analysis resulted in 179 of the being content bearing in the context of reshoring motivators or limits. Combinations of cost and strategical considerations are the significant reshoring drivers, while cost considerations are also the considerable reshoring limits. The Covid-19 pandemic increased the importance of supply chain risk in the reshoring discussion. Companies' preference for short supply chains close to major markets and a change in cost differentials are likely to result in reshoring of production processes and the development of more localized supply chains. The findings offer a broad range of reshoring drivers and limits and their importance, developments over time, and differences between regions that are not covered by the literature in such depth. Further, the paper covers the influences of the actual Covid-19 pandemic on the reshoring decisions of companies.
Author: Niklas Nie Publisher: ISBN: Category : Languages : en Pages : 87
Book Description
Reshoring of production processes gained importance after the occurrence of the Covid-19 pandemic, which resulted in massive supply chain disruptions in global networks and increased discussion about regionalization of supply chains. This paper targets to identify reshoring drivers and limits, measure their importance for companies' reshoring decisions and their potential to support the development of regional supply chains. Further, it detects changes in importance over time, the underlying geographic movement, and the impacts of Covid-19 on the reshoring debate and companies' decisions. I will use a combination of valence analysis and an inductive category formation approach to achieve the research objective. The research material is news articles collected from the LexisNexis database. 3.877 articles are collected. The analysis resulted in 179 of the being content bearing in the context of reshoring motivators or limits. Combinations of cost and strategical considerations are the significant reshoring drivers, while cost considerations are also the considerable reshoring limits. The Covid-19 pandemic increased the importance of supply chain risk in the reshoring discussion. Companies' preference for short supply chains close to major markets and a change in cost differentials are likely to result in reshoring of production processes and the development of more localized supply chains. The findings offer a broad range of reshoring drivers and limits and their importance, developments over time, and differences between regions that are not covered by the literature in such depth. Further, the paper covers the influences of the actual Covid-19 pandemic on the reshoring decisions of companies.
Author: Alessandra Vecchi Publisher: Springer ISBN: 3319588834 Category : Business & Economics Languages : en Pages : 234
Book Description
This book examines key aspects of the increasingly important phenomenon of reshoring – the decision of companies to reverse offshoring by bringing manufacturing back from overseas. The aim is to equip readers with a full understanding of the current extent of reshoring, its drivers, and the associated opportunities and challenges. The impact of governments’ economic policies on the location choices of entrepreneurs in an era of globalization is carefully analyzed, drawing on experiences in the United States and Italy, where contrasting encouragement is provided for reshoring decisions. The effect on reshoring of recent developments regarding technology, the environment, and other factors is assessed in depth, and readers will also find close scrutiny of the relationship between reshoring and manufacturing performance. The book will be of interest to all academics, researchers, and practitioners with an interest in the manufacturing industry and will be an excellent teaching aid for a variety of courses in different disciplines at both undergraduate and postgraduate level.
Author: Tim Hutzel Publisher: CRC Press ISBN: 1466557567 Category : Business & Economics Languages : en Pages : 250
Book Description
A follow-up to Tim Hutzel's previous book, Keeping Your Business in the USA: Profit Globally While Operating Locally, this book tells the stories of companies that have sent their jobs outside of the USA and the negative effects this had on the quality of their products and services, employees, supply chain providers, and consumers. Bringing Jobs Back to the USA: Rebuilding America's Manufacturing Through Reshoring reveals the motivation these companies had to offshore their jobs as well as the errors of omission they made by not understanding the true cost of offshoring. Exposing the true cost of offshoring to US organizations and citizens, it supplies concrete suggestions to help government officials and activists prevent offshoring and incentivize reshoring. The book provides food for thought for businesses currently thinking about sending US jobs to foreign countries. Outlining a roadmap for reshoring using a step-by-step methodology, it provides business leaders with the understanding to make the right decisions regarding reshoring their products back to America.
Author: Tim Hutzel Publisher: CRC Press ISBN: 1040084001 Category : Business & Economics Languages : en Pages : 250
Book Description
A follow-up to Tim Hutzel's previous book, Keeping Your Business in the USA: Profit Globally While Operating Locally, this book tells the stories of companies that have sent their jobs outside of the USA and the negative effects this had on the quality of their products and services, employees, supply chain providers, and consumers.Bringing Jobs Ba
Author: Lisa De Propris Publisher: Routledge ISBN: 0429603584 Category : Business & Economics Languages : en Pages : 225
Book Description
This edited volume brings together a group of expert contributors to explorebthe opportunities and the challenges that Industry 4.0 (smart manufacturing) is likely to pose for regions, fi rms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems and the increase in reshoring. Industry 4.0 and Regional Transformations captures the complexity of this new manufacturing model in an accessible way and considers its implications for the future. It will be essential reading for advanced students and researchers and policy makers in regional studies, industrial policy, economic geography, innovation studies, operations management and engineering.
Author: Ade Asefeso MCIPS MBA Publisher: AA Global Sourcing Ltd ISBN: 1500841293 Category : Business & Economics Languages : en Pages : 125
Book Description
Reshoring is essentially the opposite of offshoring, it is a term used to describe the act of bringing back offshored manufacturing to a country. In the beginning of 2011, for the most part, most people thought that this was just impossible, that there would be no reshoring to the U.S. or UK, that everything was going to China, manufacturing was leaving both countries and it will never come back and I think the striking thing is how much that's changed in the last three years. You went to China because it was just so cheap you couldn't help it; but if you've got the engineers and people in the U.S. or UK, and the customer base in the U.S. or UK, you'd like to be close to the customer. It gives you a shorter supply chain.
Author: Marco Bettiol Publisher: Springer Nature ISBN: 303043589X Category : Business & Economics Languages : en Pages : 214
Book Description
The book discusses the opportunities and challenges of managing knowledge in the new reality of Industry 4.0. Addressing paradigmatic changes in value creation due to the development of digital technologies applied to manufacturing (additive manufacturing, IoT, robotics, etc.), it includes theoretical and empirical contributions on how Industry 4.0 technologies allow firms to create and exploit knowledge. The carefully selected expert contributions highlight the potential of these technologies in acquiring knowledge from a larger number of sources and examine approaches to innovation, organization of activities, and stakeholder development in the context of this next industrial revolution.
Author: William Reinsch Publisher: ISBN: Category : Business logistics Languages : en Pages : 31
Book Description
From the Rust Belt to the White House, policymakers, manufacturers, and consumers are debating the merits of reshoring, nearshoring, and building more resilient supply chains in a pandemic world. President Joe Biden has largely maintained many of the previous administration’s trade policies while outlining his own administration’s commitment to “Buy American” and build more resilient supply chains. Supply chain resiliency is defined as the capacity for a supply chain to resist and respond to disruptions, minimizing the time needed to recover operational capacity. Reshoring, on the other hand, occurs when suppliers reduce their dependence on global supply chains by moving production within domestic borders. These pandemic-induced dynamics have complicated industries’ responses to supply chain issues. Should supply chains be built for resiliency or efficiency, and what are the trade-offs between the two approaches? This report assesses how these industries have been affected by the pandemic and how they have responded, particularly whether firms have chosen to embrace resiliency or pursue reshoring.
Author: Bryson, John R. Publisher: Edward Elgar Publishing ISBN: 1789908515 Category : Social Science Languages : en Pages : 288
Book Description
This timely Research Agenda provides a state-of-the-art review of existing research on manufacturing, as well as highlighting key areas of study to advance the field. Expert contributors from across the globe analyse the central role of manufacturing industries in the global economy, considering it as a multi-scalar process and assessing the impact of climate change in necessitating the decarbonization of production processes.
Author: Niklas Nie
Author: Niklas Nie
Author: Alessandra Vecchi
Author: Tim Hutzel
Author: Tim Hutzel
Author: Lisa De Propris
Author: Ade Asefeso MCIPS MBA
Author: Marco Bettiol
Author: William Reinsch
Author: Bryson, John R.
Author: Stephen S. Cohen