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


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • inshoring — pp. Gaining local jobs when foreign companies add or expand upon local operations. Also: in shoring. inshore v., n. Example Citations: Amen said the center hopes to broaden the study to get a handle on foreign based companies moving work to the… …   New words

  • inshoring — the coming in of herrings towards the shore (Norfolk dialect) …   Dictionary of ichthyology

  • inshoring — noun The outsourcing of employment domestically …   Wiktionary

  • Offshoring — Offshore may refer to oil and natural gas production at sea; see Oil platform. For the Philippine outsourcing company, see Offshoring Inc. Offshoring describes the relocation by a company of a business process from one country to another… …   Wikipedia

  • Globalization — Chermany Chimerica Chindia Chindonesia globality globitarian globophobe glocalization …   New words

  • Layoffs and Firings — 99er boomerang brightsizing capsizing career change opportunity cashier corporate anorexia down …   New words

  • capsizing — n. The reduction of a workforce to the point where the company goes under. Example Citation: Why doesn t downsizing work in most cases? Because the company typically cuts the people but not the work. So now you ve got fewer people doing more work …   New words

  • corporate anorexia — (KOR.puh.rit an.uh.REKS.ee.uh) n. A business disorder, marked by an extreme fear of becoming inefficient that leads to excessive cost cutting to the point of serious loss of business and sometimes bankruptcy. Example Citation: Some business… …   New words

  • downaging — n. When companies lower the average age of their employees, either by laying off older workers or by replacing them with younger workers. Example Citation: Midlife insecurity extends far beyond concerns about appearance and prowess to the loss of …   New words

  • dumbsizing — (DUM.sy.zing) pp. Reducing the size of a company s workforce to such an extent that the company becomes unprofitable or inefficient. Also: dumb size. dumbsize v. dumbsizer n. Example Citation: Granted, companies became lean and nimble, but… …   New words

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”