// ROBOTICS AND SMART FACTORIES TERM
Reshoring
The practice of bringing manufacturing and production back to a company's home country from overseas.
TECHNICAL DEFINITION
Reshoring is the strategic decision to return manufacturing and business operations that were previously offshored to foreign countries back to the company's domestic market, often driven by factors such as supply chain resilience, quality control, labor cost convergence, and national economic incentives.
BACKGROUND
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary sector to end users and consumers.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- On-shoring
- domestic production
- back-shoring
- in-sourcing
USAGE NOTE
Many companies are considering reshoring to mitigate geopolitical risks and reduce long supply chains.
DEVELOPERS
Organizations developing technology related to Reshoring.
A non-profit organization that provides data and software tools, such as its Total Cost of Ownership (TCO) Estimator, to help companies make data-driven decisions about bringing manufacturing jobs and supply chains back to their home country.
A provider of industrial automation and digital transformation solutions. Their integrated control and information platforms, such as the FactoryTalk suite, enable the creation of highly efficient smart factories, making domestic manufacturing more cost-competitive.
Develops comprehensive digital twin technology and the Xcelerator portfolio, allowing companies to design, simulate, and optimize entire production facilities and supply chains in a virtual environment before making physical investments, reducing the risk and cost of reshoring.
A leading manufacturer of collaborative robots (cobots). Cobots are designed to work alongside humans, enabling flexible and affordable automation for businesses of all sizes, which helps offset higher domestic labor costs and facilitates reshoring.
An additive manufacturing company that produces industrial 3D printers for carbon fiber and metal. Their technology enables on-demand, localized production of strong, end-use parts and tools, reducing reliance on long, international supply chains.
Provides a software and robotics platform for intelligent automation of assembly and inspection tasks. Their 'software-defined manufacturing' approach aims to make automation more flexible and accessible, helping companies bring complex electronics and other manufacturing back onshore.
A Rockwell Automation company that delivers a cloud-based Smart Manufacturing Platform. Its MES and ERP solutions help manufacturers connect, automate, track, and analyze every aspect of their business, enabling the efficient launch and management of new domestic production lines.
Develops an Industrial IoT platform that combines hardware, software, and cloud to bring real-time visibility, analytics, and AI to operations. This technology helps companies optimize newly reshored facilities for efficiency, safety, and sustainability.