friend-shoring

or friend·shor·ing

[ frend-shawr-ing ]

noun

1. the practice of locating parts of a company’s supply chain or manufacturing process in countries that are political or economic allies of the country where the company is based: nearshore ( def 2 ), reshore ( def ).

   Many tech companies have turned to friend-shoring in a bid for greater security.

Word History and Origins

Origin of friend-shoring¹

First recorded in 2021; modeled after offshoring