Nearshoring vs Offshoring: Ultimate Guide (2021)
Globalization has opened up new avenues for businesses to shift some of their operations to a different country. You can nearshore to a nearby country or consider relocating to a far-off one with offshoring. But what are the differences between nearshoring vs offshoring? In this article, we’ll make a comprehensive comparison between both models. We’ll then explore the pros and cons of both nearshoring and offshoring.