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Shipment essentials: for shippers
What is nearshoring?
Nearshoring means outsourcing manufacturing to a nearby country or transferring manufacturing processes to a closer geographic location, in which the company can benefit from geographic, time zone, cultural, linguistics, economic, political, or historical proximity or similarity. However, it can also refer to the process of offloading responsibilities and jobs to countries near the company’s geographic location.
To know the difference between nearshoring, reshoring, and offshoring, click here.
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