Reshoring is reversing the practice of offshore manufacture by re-introducing and supporting local manufacturing facilities and skills. The motivations for reshoring vary and range from rising labor costs overseas, shortening lead times, improving flexibility and responsiveness, through to easier control over supply chains that enables close overseeing of quality as well as social and environmental practices. Reshoring also cuts the ecological footprint of products, enables reskilling of the local workforce and stimulates the domestic economy. The trend towards reshoring textile and clothing manufacturing is now emerging across the EU, the US and Australia, but the deeper local and global cultural, social, environmental and economic impacts of such developments over the coming years are yet to be fully assessed.(1-5)
RESHORING
