Reshoring in Manufacturing and Services
The extent of offshoring and outsourcing recorded in manufacturing and services in the last two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with other factors, this process began to change the options of international relocation of some companies th...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University
2014-05-01
|
| Series: | Global Economic Observer |
| Subjects: | |
| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_1/geo_2014_vol2_no1_art_008.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849769943889870848 |
|---|---|
| author | SERGHEI MĂRGULESCU ELENA MĂRGULESCU |
| author_facet | SERGHEI MĂRGULESCU ELENA MĂRGULESCU |
| author_sort | SERGHEI MĂRGULESCU |
| collection | DOAJ |
| description | The extent of offshoring and outsourcing recorded in manufacturing and services in the last
two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with
other factors, this process began to change the options of international relocation of some companies
that initially had adopted such a strategy, generating a reverse trend for returning in the country of
origin of manufacturing and other activities. This process, called "reshoring" has recently started to
gain some consistency. The trend is most notable in the sphere of production. In terms of business and
IT services we cannot yet speak of a tangible start of the reshoring phenomenon, as it does in the
sphere of production. Nevertheless we can see a slowdown in the offshoring of services and the
emergence of new strategies in the field. |
| format | Article |
| id | doaj-art-f2baa85045a34ebbb4271189f3056ca2 |
| institution | DOAJ |
| issn | 2343-9742 2343-9750 |
| language | English |
| publishDate | 2014-05-01 |
| publisher | Nicolae Titulescu University |
| record_format | Article |
| series | Global Economic Observer |
| spelling | doaj-art-f2baa85045a34ebbb4271189f3056ca22025-08-20T03:03:12ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502014-05-01219095Reshoring in Manufacturing and ServicesSERGHEI MĂRGULESCU0ELENA MĂRGULESCU1Finance & Accounting Department, “Nicolae Titulescu” University, 185 Calea Văcăreşti, 4th District, Bucharest, ROMANIABusiness Administration & Marketing Department, “Nicolae Titulescu” University, 185 Calea Văcăreşti, 4th District, Bucharest, ROMANIAThe extent of offshoring and outsourcing recorded in manufacturing and services in the last two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with other factors, this process began to change the options of international relocation of some companies that initially had adopted such a strategy, generating a reverse trend for returning in the country of origin of manufacturing and other activities. This process, called "reshoring" has recently started to gain some consistency. The trend is most notable in the sphere of production. In terms of business and IT services we cannot yet speak of a tangible start of the reshoring phenomenon, as it does in the sphere of production. Nevertheless we can see a slowdown in the offshoring of services and the emergence of new strategies in the field.http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_1/geo_2014_vol2_no1_art_008.pdfoffshoringoutsourcingreshoringon-shoreTNCs |
| spellingShingle | SERGHEI MĂRGULESCU ELENA MĂRGULESCU Reshoring in Manufacturing and Services Global Economic Observer offshoring outsourcing reshoring on-shore TNCs |
| title | Reshoring in Manufacturing and Services |
| title_full | Reshoring in Manufacturing and Services |
| title_fullStr | Reshoring in Manufacturing and Services |
| title_full_unstemmed | Reshoring in Manufacturing and Services |
| title_short | Reshoring in Manufacturing and Services |
| title_sort | reshoring in manufacturing and services |
| topic | offshoring outsourcing reshoring on-shore TNCs |
| url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_1/geo_2014_vol2_no1_art_008.pdf |
| work_keys_str_mv | AT sergheimargulescu reshoringinmanufacturingandservices AT elenamargulescu reshoringinmanufacturingandservices |