From Offshoring to Reshoring: Re-emerging Trends

Over the last forty years, manufacturing has witnessed exponential growth in offshoring to low-cost countries, as part of a cost leadership strategy (Porter, 1985). However a re-evaluation of the cost-benefits of offshoring has signalled a decline in value, and unveiled reshoring as a highly viable...

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Main Author: Lempard, Nicholas
Format: Dissertation (University of Nottingham only)
Language:English
English
English
English
English
English
English
English
English
Published: 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/46064/
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author Lempard, Nicholas
author_facet Lempard, Nicholas
author_sort Lempard, Nicholas
building Nottingham Research Data Repository
collection Online Access
description Over the last forty years, manufacturing has witnessed exponential growth in offshoring to low-cost countries, as part of a cost leadership strategy (Porter, 1985). However a re-evaluation of the cost-benefits of offshoring has signalled a decline in value, and unveiled reshoring as a highly viable alternative; especially following the introduction of new, innovative technology. Despite a plethora of research relating to manufacturing decisions, very little research exists on the drivers behind the UK textiles industry and their production strategies. The research study combines a semi-structured interview with informants from four UK companies, and a survey distributed to a network of UK textile firms to ascertain the main drivers supporting manufacturing decisions. The research findings suggest that cost and quality are the main drivers for offshoring, but in recent years there has been a declining cost-benefit ratio. The increasing cost of overseas production in conjunction with growing CSR directives and an improvement in technology has resulted in UK firms returning production to the UK. The study would benefit from further analysis of the value of supplier-relationships, but does offer an indication for the rationale behind manufacturing decisions; where research is currently limited. The overall study highlights the changing manufacturing trends within the UK textile industry.
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spelling nottingham-460642018-06-05T15:57:18Z https://eprints.nottingham.ac.uk/46064/ From Offshoring to Reshoring: Re-emerging Trends Lempard, Nicholas Over the last forty years, manufacturing has witnessed exponential growth in offshoring to low-cost countries, as part of a cost leadership strategy (Porter, 1985). However a re-evaluation of the cost-benefits of offshoring has signalled a decline in value, and unveiled reshoring as a highly viable alternative; especially following the introduction of new, innovative technology. Despite a plethora of research relating to manufacturing decisions, very little research exists on the drivers behind the UK textiles industry and their production strategies. The research study combines a semi-structured interview with informants from four UK companies, and a survey distributed to a network of UK textile firms to ascertain the main drivers supporting manufacturing decisions. The research findings suggest that cost and quality are the main drivers for offshoring, but in recent years there has been a declining cost-benefit ratio. The increasing cost of overseas production in conjunction with growing CSR directives and an improvement in technology has resulted in UK firms returning production to the UK. The study would benefit from further analysis of the value of supplier-relationships, but does offer an indication for the rationale behind manufacturing decisions; where research is currently limited. The overall study highlights the changing manufacturing trends within the UK textile industry. 2017-09-13 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/46064/1/Dissertation%20Final.docx application/pdf en https://eprints.nottingham.ac.uk/46064/2/image3.emf image/jpeg en https://eprints.nottingham.ac.uk/46064/3/image1.jpeg image/png en https://eprints.nottingham.ac.uk/46064/4/image2.png image/png en https://eprints.nottingham.ac.uk/46064/5/image7.png application/pdf en https://eprints.nottingham.ac.uk/46064/6/image5.emf application/pdf en https://eprints.nottingham.ac.uk/46064/7/image6.emf application/pdf en https://eprints.nottingham.ac.uk/46064/8/image4.emf application/pdf en https://eprints.nottingham.ac.uk/46064/9/Dissertation%20Final.docx Lempard, Nicholas (2017) From Offshoring to Reshoring: Re-emerging Trends. [Dissertation (University of Nottingham only)] English
spellingShingle English
Lempard, Nicholas
From Offshoring to Reshoring: Re-emerging Trends
title From Offshoring to Reshoring: Re-emerging Trends
title_full From Offshoring to Reshoring: Re-emerging Trends
title_fullStr From Offshoring to Reshoring: Re-emerging Trends
title_full_unstemmed From Offshoring to Reshoring: Re-emerging Trends
title_short From Offshoring to Reshoring: Re-emerging Trends
title_sort from offshoring to reshoring: re-emerging trends
topic English
url https://eprints.nottingham.ac.uk/46064/