Reshoring: A Road to Industry 4.0 Transformation

Author:

Gupta Suraksha1ORCID,Wang Yichuan2ORCID,Czinkota Michael3

Affiliation:

1. Business School Newcastle University London 102 Middlesex Street London E1 7EZ UK

2. Sheffield University Management School University of Sheffield Conduit Rd Sheffield S10 1FL UK

3. McDonough School of Business Georgetown University 37th St NW Washington D.C. 20007 USA

Abstract

AbstractThe phenomenon of reshoring and its impact on global trade has recently garnered the attention of not only practitioners but also policymakers and scholars. Numerous scholars have highlighted the challenges of reshoring, such as supply chain disruption, labour shortages and sustainability issues, from various perspectives. Some have pinpointed technological advancements as enablers for addressing these challenges through the deployment of cloud‐based artificial intelligence technologies and efficient remote management as part of the Industry 4.0 transformation. As Industry 4.0 shifts from being technology‐driven to value‐driven, this introductory essay for the special issue on reshoring delves into the current boundaries of our understanding and proposes recommendations for future research on this topic.

Publisher

Wiley

Subject

Management of Technology and Innovation,Strategy and Management,General Business, Management and Accounting

Reference95 articles.

1. The reshoring of business services: Reaction to failure or persistent strategy?

2. Reshoring and Industry 4.0: How Often Do They Go Together?

3. From global to local: reshoring for sustainability

4. Bailey D.andI.Rajic(2022). ‘Manufacturing after Brexit’. Available athttps://ukandeu.ac.uk/wp‐content/uploads/2022/01/UKICE‐Manufacturing‐After‐Brexit‐Report_FINAL‐2.pdf.

5. Baltic Course(2018). ‘Rigas Dzirnavnieks grain mill to move part of its plant from Estonia to Riga’. Available athttp://www.baltic‐course.com/eng/good_for_business/?doc=144851.

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