Reshoring as the new trend in contemporary economy. The case of Poland Cover Image

Reshoring as the new trend in contemporary economy. The case of Poland
Reshoring as the new trend in contemporary economy. The case of Poland

Author(s): Piotr Misztal
Subject(s): Supranational / Global Economy, Socio-Economic Research
Published by: Polskie Towarzystwo Ekonomiczne w Zielonej Górze
Keywords: investments; reshoring; offshoring; internationalization;

Summary/Abstract: The COVID-19, the war in Ukraine, and other international events have all conspired to increase supply-chain deficiencies. Supply chain leaders are investigating numerous approaches for building more robust supply chains, including one that has arisen in response to these difficulties. According to a Capgemini Research Institute (2023) analysis, 89% of executives polled identified supply chain disruption as the largest short-term risk to their firm. To assist limit this risk, businesses are modifying and revamping entire supply chains, including sourcing, manufacturing, packaging, storage, transportation, technological investments, and more. That is why, the aim of the undertaken research is to determine the scale and scope of reshoring activities in various industries and regions, with particular emphasis on the Polish economy, and to identify the main factors behind reshoring decisions. A combination of research methods including data analysis and literature reviews were used to achieve these goals. The research approach took into account the interdisciplinary nature of reshoring, including economics, supply chain management, technology and public policy, among others. The author’s research has shown that reshoring decisions are influenced not only by the costs of enterprise operations, but by a combination of various factors, including costs, supply chain resilience, quality and sustainability issues, technology capabilities, or government legislation. Moreover, reshoring results in the creation of new jobs, but the scale of this phenomenon depends on the industry and the region where the business is located. It was also reiterated that reshoring patterns vary between regions (countries), with some regions seeing more reshoring activity than others.

  • Issue Year: 10/2023
  • Issue No: 19
  • Page Range: 55-73
  • Page Count: 19
  • Language: English
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