Author: Niklas NiePublisher:
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.