Reshoring and the “manufacturing moment”

Cowell, Margaret; Provo, John

doi:10.4337/9781781003930.00015

Cited by 3 publications

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“…There are many different types of offshoring from relocations to an adjacent country (near‐shoring) to far‐shoring and captive offshoring versus offshoring that includes outsourcing (Cowell and Provo ). For most firms, their global commodity chains include a blend of different locations and strategies.…”

Section: Reshoring and The Dynamic Theory Of Global Productionmentioning

confidence: 99%

“…Central to the restructuring of the geographies of production are the concepts of outsourcing and offshoring and more recently reshoring. Cowell and Provo () provide an initial analysis of the terms used by scholars to describe the global movement of production and capital over time by their geographic implications ranging from domestic to international. Outsourcing is often considered to be a cost‐saving strategy in which a company agrees to purchase a component or service from the market rather than producing it within the hierarchy of a firm.…”

Section: Introductionmentioning

confidence: 99%

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Repatriation or Reshoring of Manufacturing to the U.S. and UK: Dynamics and Global Production Networks or from Here to There and Back Again

Vanchan¹,

Mulhall²,

Bryson³

2017

Growth and Change

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There are three contrasting approaches to understanding the geography of production. The first approach emphasizes the importance of local agglomerations, the second intrafirm mechanisms, while the third highlights global relationships or global production networks (GPN) or global value chains. These explanations are partial, but complementary. This paper explores the restructuring of global production with a focus on the reshoring or repatriation of manufacturing production to the U.S. and UK. Our intention is to identify the drivers behind reshoring as the first stage toward developing a dynamic conceptual framework for understanding the global organization of production. Reshoring needs to be conceptualized by drawing on and combining approaches developed in GPN with micro‐approaches to understanding firms including the development of a geography of production tasks. The study is based on a theoretical mapping to inform an empirical analysis of reshoring in both countries to identify and conceptualize the quantitative and qualitative causal drivers behind this process. The evidence suggests that reshoring is sector‐dependent and is mainly driven by manufacturers’ cost‐management and quality strategies combined with the importance of manufacturing products close to market. This involves a “total manufacturing cost analysis” in which access to a set of tangible and intangible inputs are key drivers behind dynamics of GPN.

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Section: Reshoring and The Dynamic Theory Of Global Productionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%