Backsourcing As a New Trend Among Companies in the European Union Cover Image

Backsourcing As a New Trend Among Companies in the European Union
Backsourcing As a New Trend Among Companies in the European Union

Author(s): Piotr Misztal
Subject(s): Economy, Business Economy / Management, Micro-Economics
Published by: Centrul European de Studii Manageriale și Administrarea Afacerii - CESMAA
Keywords: backsourcing; insourcing; onshoring; European Union

Summary/Abstract: The global supply chain problem, intensified by events such as the Covid-19 pandemic, natural disasters, geopolitical tensions and trade disputes, has highlighted the need to reassess and reorganize logistics processes. One of the strategic options for enterprises is backsourcing, which enables increasing resilience, improving control and managing risk in response to the global crisis resulting in delays and significant interruptions in supply chains. The aim of the study is therefore to present the essence, the most important determinants and advantages and disadvantages of the backsourcing process, with particular emphasis on the current experiences of European enterprises in this area. Backsourcing as a new trend among European companies can make it easier to understand the strategic adjustments and consequences associated with this business strategy. The conclusions obtained from such research can help companies, politicians and academics in making informed decisions and developing strategies in line with the current market characteristics and dynamics.

  • Issue Year: XIX/2024
  • Issue No: 3(85)
  • Page Range: 291-303
  • Page Count: 13
  • Language: English
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