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Treasury Management

Onshoring: Does It Make Sense for Treasury?

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December 09, 2011

By Dwight Cass

Economic woes and other factors are prompting companies to move manufacturing back onshore. Should treasury follow suit? 

A number of factors are combining to begin reversing, at least incrementally, the offshoring trend that began to affect treasury a decade ago. Terms like “onshoring,” “reshoring” and “backshoring” are popping up in consultant PowerPoints in relation to operations and manufacturing. Some of the factors driving this reversal in manufacturing could also justify a close look at the economics of offshoring treasury work.

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