Nearshoring refers to the co-location of product development and manufacturing in nearby locations, for instance within the same industrial park.

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Nearshoring refers to the practice of transferring a business operation to a nearby country, rather than to a more distant country, to take advantage of geographical proximity, cultural similarities, or time zone alignment, rather than co-locating development and manufacturing in the same industrial park.

Nearshoring Refers to the Co-Location of Product Development and Manufacturing