What does nearshoring mean?
Nearshoring happens when an organization decides to transfer work to companies that are less expensive and geographically closer. Using this model allows businesses to move their operations to a closer, more cost-effective location.
What does „to move their operations to a closer, more cost-effective location” mean for our customers?
Konstanz – Shenzen: 8973 km vs. Konstanz – Budapest: 742 km
Vienna – Shenzen: 8717 km vs. Vienna – Sopron: 60 km
Further advantages when choosing us as a strategic manufacturing partner:
Quality: Application of global quality standards, processes and methods from the automotive industry
Communication: Standardized reporting and exchange of production data by nominated contact person in the same timezone and same cultural affinity
All-round service: We have the right local know-how and experience to manage simple assembly projects or even to ramp up entire production activities
Can you think about any further positive effects regarding nearshoring? I would love to discuss your thoughts regarding this topic.
In the wake of the pandemic, Western European companies have begun moving production from the Far East back to Europe. The impact of nearshoring can already be felt in Hungary, Synermont CEO Krisztián Kavas told us. The contract manufacturing company has seen quick success, with orders flooding in from around the continent, from Austria to Sweden.
"Keep your friends close and your suppliers closer" is a popular business saying that emphasizes the importance of building strong relationships with local suppliers.
