Inshoring

Inshoring

Inshoring may be thought of as the 'opposite' of Offshoring. It is the business process outsourcing work domestically. This process typically applies to the US and the UK.

It is argued that successful inshoring takes advantage of cost disparities within the domestic market. For example, for software companies not located in metropolitan areas with high costs of living, there is a real opportunity to compete on price with other domestic software companies. It simply costs less to do business in the Midwest than it does in New York or Los Angeles. A Midwest company can charge more than it does locally and yet still undercut the competition on the coasts. If work can be shipped overseas, it can just as easily be shipped across the Mississippi. [cite web | title = Surviving and Thriving as an Inshoring Software Company | publisher = Mike Karlesky | date = 2006-12-08 | url = http://spin.atomicobject.com/2006/12/08/surviving-and-thriving-as-an-inshoring-software-company | accessdate = 2008-07-29 ]

In the media

"Amen said the center hopes to broaden the study to get a handle on foreign-based companies moving work to the United States. This less-publicized form of globalization is known in corporate America as 'inshoring'."
—Michael Sasso, "USF To Study Export Of Jobs And Its Effect On Bay Area," Tampa Tribune (Florida), May 4, 2004 [cite web | title = Inshoring | publisher = Mike Karlesky | date = 2005-05-17 | url = http://www.wordspy.com/words/inshoring.asp | accessdate = 2008-07-31 ]

"The business of finding low-cost substitutes for American workers is getting more complex — and so is the terminology. They don't just call it 'offshoring' anymore.At a recent conference in the palatial Venetian resort, the people who help U.S. companies shift white-collar work overseas offered potential clients a Vegas buffet of outsourcing options: 'nearshoring,' for those willing to stray no farther than Canada or Mexico; 'inshoring,' for those who prefer to bring foreign workers to America, and 'rightshoring,' for those desiring a custom package of in-house and offsite, foreign and domestic."
—Warren Vieth, "Outsourcing Variations Have Some Appeal," Los Angeles Times, April 27, 2004 [cite web | title = Inshoring | publisher = Mike Karlesky | date = 2005-05-17 | url = http://www.wordspy.com/words/inshoring.asp | accessdate = 2008-07-31 ]

"It's 'inshoring' for Japanese autos. Amid the furor over the loss of U.S. jobs overseas, a movement is under way in the opposite direction, fueled by the foreign companies blamed for employment migration decades ago.Steadily, the three big Japanese auto companies — Toyota, Honda and Nissan — are expanding their U.S. operations and adding workers. Honda is hiring 2,000 in Alabama to build sport-utility vehicles, and Nissan will add more than 2,000 in plant expansions in Tennessee and Mississippi."
—"In context," Saint Paul Pioneer Press (Minnesota), March 7, 2004 [cite web | title = Inshoring | publisher = Mike Karlesky | date = 2005-05-17 | url = http://www.wordspy.com/words/inshoring.asp | accessdate = 2008-07-31 ]

References


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