Offshoring, Nearshoring and Farshoring

Outsourcing and offshoring are often confused while they related to different processes. While outsourcing is the transfer of an organizational function, including manufacturing, to an entity (subcontractor) outside the firm, it takes place irrespective of the geographical context. Outsourcing can take place without the same country or to another continent. … Continue reading Offshoring, Nearshoring and Farshoring