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near-shoring  

Definition

  • Near-shoring (also nearshoring) means moving jobs to a nearby foreign country. It is part of the “X-shoring” constellation of terms that include off-shoring (sending work to an overseas location), multishoring (sending outsourced work to several overseas locations based on the job to be done and the relevant skills available), and two-shoring (using both an offshore location and a domestic one). [Source: Encyclopedia of Business in Today's World; Near-Shoring]

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https://concepts.sagepub.com/social-science/concept/near-shoring

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