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nearshoring

/ˈnɪrˌʃɔrɪŋ/ /ˈniəʃərɪŋ/
noun
GeneralBusiness
  1. 1 yakın kıyıya taşıma
  2. 2 yakınlaştırma

Definition (English)

  1. Moving business operations to a nearby country to reduce costs and keep closer contact.
  2. Relocating a business to a country geographically close to the home country.

Example Sentences

  1. Nearshoring offers advantages over offshoring.
    Yakın kıyıya taşıma, uzaklaştırmaya göre avantajlar sunar.
  2. They are considering nearshoring their production.
    Üretimlerini yakın kıyıya taşımayı düşünüyorlar.

Antonyms

offshoring

Collocations

nearshoring strategynearshoring benefitsnearshoring trendnearshoring decisionnearshoring impactnearshoring location

Related Words

business operationscost reductionsupply chainmanufacturingtradeeconomics