nearshore

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near·shore

 (nîr′shôr′)
n.
The region of land extending from the backshore to the beginning of the offshore zone.

near′shore′ adj.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

nearshore

(ˈnɪəˌʃɔː)
adj
(Physical Geography) situated closed to a shore
vb (intr)
(Commerce) (in business) to source service activities to a neighbouring country, esp for economic reasons
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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References in periodicals archive ?
The idea of nearshoring certainly isn't new to American companies.
Under nearshoring, service provider teams are located in Mexico and Latin America, rather than halfway around the globe.
Among his many achievements, De la Garza leads Source One's Nearshoring Advisory Practice which he developed from the ground up by leveraging his language skills and knowledge of the Latin American market landscape.
Nearshoring has become significantly more prevalent in the medtech industry of late as companies attempt to reduce their supply chain risk and streamline operating costs.
Moving jobs to the regions, known as a 'northshoring', or from overseas ('nearshoring'), can save around 40 per cent in salaries, say CBRE specialists.
as their preferred location for nearshoring. An equal percentage of respondents cited Mexico as the most attractive nearshoring locale, but in the firm's survey just two years ago, 63% chose Mexico, while only 19% said they would choose the U.S.
IT company and outsourcing firm Syntel (NASDAQ: SYNT) appointed Nitin Rakesh to the position of president -- Americas, Business Development and Nearshoring Center, effective September 3, 2012.
NEARSHORING AND RESHORING are significant topics of discussion in the outsourcing community.