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What does Offshoring mean?

The relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting.

Offshoring in a sentence
The company's Offshoring strategy involved moving its manufacturing operations to a country with lower labor costs.

Offshoring in German, French, Spanish and Italian

German
Offshoring
also Auslandsverlagerung

Verlagerung von Unternehmensaktivitäten ins Ausland (meist Kostengründe).

French
Délocalisation
also Offshoring

Transfert d'activités vers un pays étranger à moindres coûts.

Spanish
Deslocalización
also Offshoring

Traslado de procesos de negocio a países con menores costes.

Italian
Delocalizzazione
also Offshoring

Trasferimento di fasi produttive o servizi in paesi stranieri.

Common phrases with Offshoring

  • strategy offshoring
  • moving operations offshoring
  • lower labor costs offshoring

Synonyms and opposites for Offshoring

More Economics terms

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Offshoring is filed under