reshore

As a result, many firms will be unable to reshore because they cannot find workers with the right skills.

Expert: Millions of jobs will "reshore" back to U.S.

In turn, this would, as Immelt and Strotbeck's remarks suggest, encourage companies to reshore more jobs.

But it is probably only in America and Britain that labour is flexible enough to have a good chance of persuading companies to reshore production.

In addition, 35 per cent said the US was the most attractive place to reshore production – up from 21 per cent last year.

One is to use official procurement to insist that companies that win state contracts must "reshore" jobs that they have shifted overseas.

In 2013, the company attracted media attention for its decision to "reshore", bringing a larger proportion of its manufacturing back from China to the UK.

Rather than close the program and shutter doors on approximately 100 retail labels, the company decided to reshore production to Canada and eliminate the overseas supply chain all together.

India was only indicative of kind of a slip we had across the board, and we had to go back and reshore and regroup and improve.

Experts claim increasing numbers of British businesses are looking to "reshore" as labour costs rise in the Far East and changing consumer tastes demand shorter, more flexible supply chains.

Johnstons of Elgin is the latest company to benefit from manufacturing shifting to the UK, with department store John Lewis announcing in July it would "reshore" textile production.

He thinks that the move to reshore some manufacturing jobs is important, even though the scale of it is still small, but that a wave of services offshoring could yet hit Western countries.

The good news for SMEs looking to reshore - whether by setting up their own operation or by outsourcing to existing manufacturers - is there is still much manufacturing expertise in the UK.

President Obama promoted an act titled 'Bring Jobs Home Act' that would help reshore jobs by giving incentives such as a tax cut or a 20 percent tax credit for moving operations back to the USA.

Mr Bain said that the manufacturing of the Raspberry Pi, which is based on an Arm microprocessor, is now entirely based in the UK, after decision this year by Premier's Element 14 brand to reshore all its production from China to Sony's factory in the Welsh town of Pencoed.

A new service called Reshore UK is being unveiled to help companies that want to do the same.

UK Trade & Investment and the Manufacturing Advisory Service launch Reshore UK a service to help companies bring production back to the UK.

UK companies are increasingly looking to reshore manufacturing, textiles, software production and call centre work to the UK instead of outsourcing overseas.

Reshore UK will provide a matching and location service, access to advice and support and a named individual to help each company.

By joining up the range of support available, the new service Reshore UK will be accessible for both UK and international firms and will ensure that they get the right support, when they need it most.

UKTI and the Manufacturing Advisory Service (MAS) launched Reshore UK in January 2014.