Making Reshoring Decisions - the Case of a Norwegian Manufacturing Firm

2018

Master's thesis Industrial Economics and Technology Management IND590 - University of Agder 2018 Relocating activities to low-cost countries has been, and still is, a prevalent method of reducing production costs for manufacturing companies. In recent years, however, many companies have reconsidered this strategy, and started to move activities back to their home country. Opportunities to reduce labor costs through automation have certainly contributed to this process. The rationale behind the phenomenon, called \reshoring", has been discussed to a large extent in current research literature. How companies make such reshoring decisions, on the other hand, is generally under-researched (Wies…