Nearshoring
A supply chain strategy in which firms locate production capacity in geographically adjacent regions to shorten logistics chains and improve response speed, prioritizing security and resilience over cost efficiency.
Timeline (last 90 days)
Friendshoring means companies move procurement and production to politically allied countries to reduce supply-disruption risk; nearshoring means locating production capacity in geographically nearby regions to shorten logistics chains and improve response speed.
Supply chain restructuring refers to the rearrangement of production and procurement networks by companies to reduce geopolitical risk, tariff costs, or the impact of logistics disruptions, such as "nearshoring" and "friend-shoring".
All Facts (2)
Friendshoring means companies move procurement and production to politically allied countries to reduce supply-disruption risk; nearshoring means locating production capacity in geographically nearby regions to shorten logistics chains and improve response speed.
50%UnverifiedSupply chain restructuring refers to the rearrangement of production and procurement networks by companies to reduce geopolitical risk, tariff costs, or the impact of logistics disruptions, such as "nearshoring" and "friend-shoring".
50%