Reshoring is the process of:

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Study for the WGU BUS2740 D464 Managing Operations Test with well-structured questions and detailed explanations. Prepare thoroughly and ensure your operational management knowledge is robust!

Reshoring refers to the process of bringing back business operations that were previously relocated to another country back to the company’s domestic location. This approach is often taken to enhance control over operations, improve quality, reduce lead times, and maintain close relationships with customers. Companies may choose to reshore in response to challenges associated with international operations, such as rising labor costs abroad, logistics complexities, or trade tariffs that make overseas production less economically viable.

The focus on reshoring signifies a strategic decision aimed at revitalizing domestic manufacturing and ensuring that businesses can respond more agilely to market demands. By moving operations back to a domestic setting, companies can take advantage of local workforce skills and foster innovation through closer collaboration and communication among teams. This concept is particularly relevant in discussions about supply chain resilience and sustainability, especially in light of recent global disruptions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy