F1 Published independent work of art
What brings production back? The case of Finland
Authors: Heikkilä J, Martinsuo M, Nenonen S
Publication year: 2016
Web address : https://researchportal.tuni.fi/en/publications/e44d31f3-59a4-419d-9f0f-db785b11e0c6
Abstract
This study investigates the drivers and mechanisms of reshoring in the manufacturing industry of Finland. The survey with 229 firms reveals the background, drivers and patterns of offshoring and reshoring. The results indicate that over one-third (37%) of the manufacturing companies in Finland have been active in transferring production across the national borders, both offshore and back to Finland. More production has been moving away from Finland than coming back. The drivers and benefits of offshoring and reshoring are quite different, which suggests that companies must prepare their manufacturing location strategies in line with their benefit expectations.
This study investigates the drivers and mechanisms of reshoring in the manufacturing industry of Finland. The survey with 229 firms reveals the background, drivers and patterns of offshoring and reshoring. The results indicate that over one-third (37%) of the manufacturing companies in Finland have been active in transferring production across the national borders, both offshore and back to Finland. More production has been moving away from Finland than coming back. The drivers and benefits of offshoring and reshoring are quite different, which suggests that companies must prepare their manufacturing location strategies in line with their benefit expectations.
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