keannu
VIP Member
- Joined
- Dec 27, 2010
- Member Type
- Student or Learner
- Native Language
- Korean
- Home Country
- South Korea
- Current Location
- South Korea
Source : Korean SAT English 2021 by Korean Education Broadcasting System - 75p.11
The popular press deems reshoring to be “bringing manufacturing back home...” from a current location that is not home. The term is agnostic as to whether the manufacturing being brought home occurred in a wholly owned facility in an offshore location or in the factory of an offshore supplier.
GE, for example, reshored its appliance manufacturing from its production facility in China to the U.S. in its own plant to meet the U.S. demand, whereas the U.S.-based Vaniman Manufacturing decided to no longer buy sheet metal fabrication from an overseas supplier and to instead source from a local supplier to meet demand in the U.S. Both would be considered reshoring (more precisely, reshoring back to the U.S.). Reshoring is fundamentally concerned with where manufacturing activities are to be performed, independent of who is performing the manufacturing activities in question — a location decision only, as opposed to a decision regarding location and ownership.
A : They are a wholly owned facility in an offshore location and the factory of an offshore supplier.
If you find any improper words or content, please let me know.
The popular press deems reshoring to be “bringing manufacturing back home...” from a current location that is not home. The term is agnostic as to whether the manufacturing being brought home occurred in a wholly owned facility in an offshore location or in the factory of an offshore supplier.
GE, for example, reshored its appliance manufacturing from its production facility in China to the U.S. in its own plant to meet the U.S. demand, whereas the U.S.-based Vaniman Manufacturing decided to no longer buy sheet metal fabrication from an overseas supplier and to instead source from a local supplier to meet demand in the U.S. Both would be considered reshoring (more precisely, reshoring back to the U.S.). Reshoring is fundamentally concerned with where manufacturing activities are to be performed, independent of who is performing the manufacturing activities in question — a location decision only, as opposed to a decision regarding location and ownership.
- This question and answer is made by me to practice for expected essay questions in my student's finals.
A : They are a wholly owned facility in an offshore location and the factory of an offshore supplier.
If you find any improper words or content, please let me know.
