{"id":32820,"date":"2023-08-09T09:00:00","date_gmt":"2023-08-09T13:00:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=32820"},"modified":"2025-12-03T05:52:01","modified_gmt":"2025-12-03T10:52:01","slug":"what-is-nearshoring","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/what-is-nearshoring\/","title":{"rendered":"What is nearshoring? Definition, supply chain benefits, and strategies"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhat is nearshoring? Definition, supply chain benefits, and strategies\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2023-08-09T09:00:00-04:00\">August 9, 2023<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"What is nearshoring? Definition, supply chain benefits, and strategies\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-nearshoring\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/joechurchwoods\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/05\/Joe-Yard-2-crop-350x350.jpg\" class=\"entry-author__image\" alt=\"Joe Church Woods\" \/>\t\t\t\t<span class=\"entry-author__name\">Joe Church Woods<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">In order to optimize operations and stay competitive, companies are constantly required to explore new strategies within their supply chain. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One such strategy gaining popularity is nearshoring, a practice where a company partners with suppliers, manufacturers, and other supply chain stakeholders located in a neighboring or nearby country. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to&nbsp;<a href=\"https:\/\/www.capterra.com\/resources\/as-nearshoring-takes-off-here-is-how-small-businesses-can-shorten-their-supply-chains\/\" target=\"_blank\" rel=\"noreferrer noopener\">Capterra research<\/a>, 74% of SMB supply chain professionals say they\u2019re looking to nearshore suppliers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With&nbsp;<a href=\"https:\/\/www.supplychainbrain.com\/blogs\/1-think-tank\/post\/36745-bringing-the-supply-chain-closer-nearshoring-is-here\" target=\"_blank\" rel=\"noreferrer noopener\">more brands choose nearshoring<\/a>, make sure you fully understand what this strategy involves, its benefits, and how to redesign your supply chain management strategy for nearshoring. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here&#8217;s what we&#8217;ll cover:<\/strong><\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#wpBlockID1\" data-level=\"2\">Understanding nearshoring: A definition<\/a><\/li><li><a href=\"#wpBlockID2\" data-level=\"2\">Supply chain benefits of nearshoring&nbsp;<\/a><\/li><li><a href=\"#wpBlockID3\" data-level=\"2\">Redesigning your nearshore supply chain strategy<\/a><\/li><li><a href=\"#wpBlockID4\" data-level=\"2\">Final thoughts<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wpBlockID1\">Understanding nearshoring: A definition<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nearshoring is when a brand chooses to work with a supplier that\u2019s located in a nearby country. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike offshoring, which involves working with suppliers in distant, often overseas locations, nearshoring allows companies to leverage geographical proximity to achieve various advantages.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For a brand located in the United States, nearshoring might involve them working with a supplier based in&nbsp;<a href=\"https:\/\/www.forbes.com\/sites\/garydrenik\/2023\/03\/23\/why-nearshoring-is-closer-than-ever-how-mexico-is-becoming-the-next-big-thing-in-global-markets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mexico<\/a>&nbsp;or Canada, versus China or a country in the European Union (EU). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are three main reasons why a business might choose this route:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Geographical closeness:<\/strong>&nbsp;nearshoring revolves around collaborating with nations that share borders or are geographically close. This proximity facilitates cost-effective communication, travel, and coordination, which enhances the overall efficiency of your global supply chain.<\/li>\n\n\n\n<li><strong>Cultural and time zone affinities:<\/strong>&nbsp;nearshoring destinations are often chosen due to shared culture, language, and similar time zones. This similarity minimizes communication barriers and streamlines collaboration between the company and its supplier.&nbsp;<\/li>\n\n\n\n<li><strong>Skilled workforce<\/strong>: nearshore locations typically offer access to skilled workers with expertise in the relevant industry. This ensures that companies can maintain quality control while benefiting from the cost savings associated with a nearby supplier.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wpBlockID2\">Supply chain benefits of nearshoring&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are many supply chain advantages to nearshoring and the geographical proximity in your supplier relationships that is offers:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-reduced-costs-nbsp\">Reduced costs&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nearshoring can lead to cost savings in various ways. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While lower labor costs are one draw, other factors contribute to cost reduction as well. These include lower transportation expenses, reduced lead times, and minimized inventory carrying costs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-improved-communication-and-collaboration\">Improved communication and collaboration<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Geographical proximity and cultural affinity lead to better communication and collaboration between the brand and the nearshore supplier. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This facilitates real-time interactions, faster decision-making, and enhanced problem-solving.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-faster-lead-times\">Faster lead times<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nearshoring&nbsp;<a href=\"https:\/\/www.sage.com\/en-us\/blog\/reduce-lead-time-in-supply-chain\/\" target=\"_blank\" rel=\"noreferrer noopener\">shortens supply chain lead times<\/a>, resulting in faster delivery of goods and services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reduced transit times and simplified logistics contribute to meeting customer demands more efficiently.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-risk-mitigation\">Risk mitigation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nearshoring helps diversify supply chain risks by reducing dependence on a single location. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Natural disasters, geopolitical uncertainties, and other disruptions are better managed when production is spread across multiple neighboring countries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-flexibility-and-agility\">Flexibility and agility<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Proximity allows for more frequent visits and in-person meetings if needed, promoting a better understanding of each other\u2019s processes and needs. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This enhances the ability to adapt to changing market conditions and implement modifications quickly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-sustainability-and-environmental-impact\">Sustainability and environmental impact<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Shorter transportation distances in nearshoring contribute to a lower carbon footprint, aligning with environmentally sustainable practices and corporate social responsibility goals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wpBlockID3\">Redesigning your nearshore supply chain strategy<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re making the strategic decision to move production closer to home, you&#8217;ll need to&nbsp;<a href=\"https:\/\/www.sdcexec.com\/sourcing-procurement\/manufacturing\/article\/22866267\/envista-redesigning-your-supply-chain-for-nearshoring\" target=\"_blank\" rel=\"noreferrer noopener\">redesign your supply chain<\/a>&nbsp;to accommodate the logistical and operational changes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, you will need to reassess sourcing strategies, transportation networks, inventory management, and distribution channels to optimize the efficiency of shorter global supply chains. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is necessary to ensure you can reap the benefits of reduced lead times and enhanced collaboration, while successfully navigating the complexities of adapting to a more localized production model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A key element that you must optimize when you move production closer to home is your&nbsp;<a href=\"https:\/\/www.sage.com\/en-us\/blog\/how-do-purchase-orders-work\/\" target=\"_blank\" rel=\"noreferrer noopener\">purchase order (PO) process<\/a>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s take a look at how the PO process can become more complex after choosing a nearshoring partner.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since nearshoring often leads to adjustments in lead times and production schedules, you&#8217;ll need to accurately factor in revised timelines when creating POs to ensure the timely delivery of goods.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similarly, you may need to adjust PO quantities to maintain optimal stock levels and prevent shortages or&nbsp;<a href=\"https:\/\/www.sage.com\/en-us\/blog\/avoiding-dead-stock\/\" target=\"_blank\" rel=\"noreferrer noopener\">overstock situations<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other new complexities you may face in your supply chains strategy include:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regulatory compliance:<\/strong>&nbsp;nearshoring involves dealing with a new set of regulations, customs procedures, and compliance requirements in the destination country. You must ensure that your purchase orders adhere to these regulations, including documentation, labeling, and product certifications.<\/li>\n\n\n\n<li><strong>Currency and payment challenges:<\/strong> dealing with different currencies and potentially fluctuating exchange rates can complicate the financial aspect of purchase orders. You may need to navigate currency conversion, international&nbsp;<a href=\"https:\/\/www.pymnts.com\/news\/cross-border-commerce\/cross-border-payments\/2023\/nearshoring-trend-puts-spotlight-on-cross-border-payment-frictions\/\" target=\"_blank\" rel=\"noreferrer noopener\">payment methods<\/a>, and foreign exchange risk.<\/li>\n\n\n\n<li><strong>Logistics and transportation:<\/strong>&nbsp;nearshoring might involve different transportation modes, routes, and carriers. Purchase orders need to include updated logistics details to ensure efficient movement of goods.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">To navigate new complexities after nearshoring, you should prioritize comprehensive planning, effective communication, and thorough documentation. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investing in a robust <a href=\"https:\/\/www.sage.com\/en-us\/products\/supply-chain-intelligence\/\" target=\"_blank\" rel=\"noreferrer noopener\">purchase order management system<\/a> can help streamline the PO process and ensure a successful transition.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Intelligent PO management software provides a centralized platform to streamline and automate the PO process, helping you overcome the complexities associated with working with nearshore partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using PO software, your global supply chain team can:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simplify how they collaborate with access to the status of their PO and all relevant documentation in one central location.&nbsp;<\/li>\n\n\n\n<li>Boost efficiency with automated workflows and real-time communication, solving logistics and supplier relationship challenges.&nbsp;<\/li>\n\n\n\n<li>Track and measure supplier performance against KPIs such as responsiveness and on-time delivery rates.<\/li>\n\n\n\n<li>Enhance global supply chain visibility and anticipate delays based on historical and current data. This enables them to see around corners for at-risk orders and better ensure optimal stock levels.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wpBlockID4\">Final thoughts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The decision to nearshore production is a strategic move that offers numerous benefits to businesses seeking to optimize their supply chain and operational efficiency. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As you establish new nearshore relationships, you must be prepared to navigate a dynamic landscape of geopolitical nuances, regulatory intricacies, and cultural diversities. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you do, you&#8217;ll unlock the full potential of nearshoring while mitigating potential pitfalls.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ultimately, the rewards of nearshoring are substantial\u2013from streamlined logistics and faster lead times to a more agile and responsive global supply chain. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By embracing the challenges and opportunities that come with nearshoring, you can position yourself for sustainable growth, competitive advantage, and success in an ever-evolving global marketplace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investing an efficient, automated solution, such as <a href=\"https:\/\/www.sage.com\/en-us\/products\/supply-chain-intelligence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Supply Chain Intelligence<\/a>, can help you navigate and streamline the move to nearshore production.\u00a0<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.sage.com\/en-us\/products\/supply-chain-intelligence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Explore Sage Supply Chain Intelligence<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n<div 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business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/manufacturing\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tManufacturing\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/productivity\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tProductivity\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/small-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tSmall business\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/staying-competitive\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tStay competitive\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-30823 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-intelligence tag-cash-flow tag-small-business tag-starting-a-business tag-staying-competitive business_type-small-business business_type-growing-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-1215x810.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-24T09:08:55-04:00\">June 24, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">13 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/how-to-track-business-expenses\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tHow to keep track of business expenses\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tIf you&#8217;re responsible for managing business finances, keeping track of expenses affects how clearly you can see your cash flow and make informed decisions. Learn the key steps, best tools, and how to build a process that keeps your finances accurate and error free. \t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-36758 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-distribution tag-supply-chain-management business_type-small-business business_type-growing-business industry-distribution industry-wholesale-distribution\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/reduce-supply-chain-costs\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1349031655-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1349031655-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1349031655-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1349031655-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-24T08:00:00-04:00\">June 24, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">7 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tHow to reduce supply chain costs: 10 strategies that work\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-30598 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-trends-insights tag-boss-your-business tag-business-intelligence tag-business-strategy tag-sage-news tag-security-fraud tag-small-business tag-starting-a-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-expense-report-fraud\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/08\/BrandShootLDN_Jul2022_TechSoftware_0620-684x384.jpeg\" class=\"card-post__image\" alt=\"A person giving a presentation to colleagues.\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/08\/BrandShootLDN_Jul2022_TechSoftware_0620-684x384.jpeg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/08\/BrandShootLDN_Jul2022_TechSoftware_0620-768x432.jpeg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/08\/BrandShootLDN_Jul2022_TechSoftware_0620-1440x810.jpeg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-24T05:46:09-04:00\">June 24, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">8 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tExpense fraud: How to detect and prevent it in your organization\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-29306 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-continuity tag-small-business business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-a-purchase-order\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1415809513-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1415809513-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1415809513-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1415809513-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-12T10:24:32-04:00\">June 12, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is a purchase order (PO) and how is it used?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-29310 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-technology-innovation tag-artificial-intelligence tag-automation tag-boss-your-business tag-cash-flow tag-cloud-financial-management tag-sage-accounting business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/order-to-cash-process-otc-o2c\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-10T12:23:35-04:00\">June 10, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is the Order to Cash process?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learn more about nearshoring and why it can be a rewarding strategy if you&#8217;re looking to optimize your supply chain management and stay competitive. <\/p>\n","protected":false},"author":1847,"featured_media":9142,"menu_order":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[44],"tags":[195,399,170,300,153,251,272,34,155],"business_type":[40,41],"lilypad":[],"context":[],"industry":[94,53],"persona":[100,98,97],"imagine_tag":[245,468,434,504,233,230,1032,237],"coauthors":[592],"class_list":["post-32820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy-legal-operations","tag-boss-your-business","tag-business-continuity","tag-business-strategy","tag-distribution","tag-growing-a-business","tag-manufacturing","tag-productivity","tag-small-business","tag-staying-competitive","business_type-small-business","business_type-growing-business","industry-distribution","industry-manufacturing"],"sage_meta":{"region":"en-us","author_name":"Joe Church Woods","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-543161718.jpg","imagine_tags":{"245":"Distribution","468":"Grow your business","434":"Large Business","504":"Manufacturing","233":"Medium Businesses","230":"Small business","1032":"Supply chain intelligence","237":"Supply Chain Management"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/32820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1847"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=32820"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/32820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/9142"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=32820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=32820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=32820"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=32820"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=32820"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=32820"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=32820"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=32820"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=32820"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=32820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}