nearshoring
Sign in to saveNearshoring is the outsourcing of business processes, especially information technology processes, to companies in a nearby country, often sharing a border with the target country. Both parties expect to benefit from one or more of the following dimensions of proximity: geographic, temporal (time zone), cultural, social, linguistic, economic, political, or historical linkages.
In the Vinony graph
Within Vinony's link graph, nearshoring is referenced by 25 other articles, and connects out to outsourcing, International Standard Book Number and United States Virgin Islands.
It is catalogued under topics including Business management, International trade and Neologisms.
Its subject is documented across 11 Wikipedia language editions.
Wikidata facts
- Subclass of
- outsourcing
- Image
- SanYsidroBorderCrossingByPhilKonstantin.jpg
Sources (1)
via Wikidata · CC0
~7 min read
Encyclopedic overview
4 sectionsContents
- Overview
- Origins
- See also
- References
Nearshoring is the outsourcing of business processes, especially information technology processes, to companies in a nearby country, often sharing a border with the target country. Both parties expect to benefit from one or more of the following dimensions of proximity: geographic, temporal (time zone), cultural, social, linguistic, economic, political, or historical linkages.
Nearshoring is a type of outsourcing where a given company seeks a development partner in a different country or region. However, what distinguishes nearshoring from other types of outsourcing is the fact that the development partner is still in close proximity. Since companies are usually in the same time zone, this facilitates communication and allows for frequent visits.
Excerpted from Wikipedia’s “nearshoring” article, available under the CC BY-SA 4.0 licence.