nearshoring

[ neer-shawr-ing, ‐shohr- ]
/ ˈnɪərˈʃɔr ɪŋ, ‐ˈʃoʊr- /

noun

the practice of moving one's employees or business activities from a distant country back to a country that is nearby: The U.S.-based company is focusing on the nearshoring of its customer-service operations from India to Canada.Compare offshoring.

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weal

Origin of nearshoring

modeled on offshoring
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020