Relocating manufacturing or sourcing to countries geographically close to the buyer's home market to reduce lead times, logistics costs, and supply chain risk.
Nearshoring is the practice of relocating manufacturing or sourcing to countries geographically close to the buyer's home market. For European companies, this often means sourcing from Central and Eastern Europe, Turkey, or North Africa rather than from Asia.
Nearshoring offers shorter lead times, lower logistics costs, easier communication due to similar time zones, reduced carbon footprint, and better supply chain visibility. It has gained momentum as companies seek to balance cost competitiveness with supply chain resilience. FindMyFactory specializes in helping companies find nearshore manufacturing partners across Europe.