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What Do Offshoring, Nearshoring, and Onshoring Mean?

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Quick definitions: What Is Offshoring? When people ask what offshoring is, they usually mean a company is relocating operations to other countries to reduce costs. In practice, an offshoring company or service provider sets up offshore teams that handle business processes like call centers, software development, finance, or manufacturing operations. Offshoring can be as focused […]