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The purpose of this paper is to unravel and assess current nearshoring practices and their outlook in the Baltic region.

The authors draw on the offshoring and outsourcing literature and use mixed methods of enquiry, including case studies, survey techniques and secondary statistical data. Part of the empirical base of the study is an examination of three Scandinavian firms that offshore their operations to vendors in the Baltics. To provide a more complete view of the practices and processes of offshoring in the region, the authors complement the case studies of Swedish and Danish manufacturers with a survey of 55 Lithuanian vendors and other statistical data.

The paper outlines the main drivers of nearshoring for Scandinavian manufacturing firms. Based on in‐depth insights into nearshoring initiatives, the authors elucidate how the initiatives evolved and what factors affected them. The survey results reveal the perspective of Lithuanian vendors regarding their relationships with Scandinavian partners. These findings are used in assessing the future prospects of nearshoring in the Baltic region.

The study relates the key attributes of Scandinavian companies' nearshoring practices to the perspectives of Lithuanian vendors. While the authors' discussion concentrates on how companies organise their operations in an increasingly global context, it also points to broader policymaking implications for the Baltic region.

The paper addresses the topic of nearshoring, which has thus far received limited attention in the management literature. By incorporating both the perspectives of offshoring and vendor companies, the paper provides a more complete view on the phenomenon and presents the main dilemmas underpinning it.

Antibiotics shortages have become an increasingly common problem in Europe because of several reasons, including the offshoring of the production of active pharmaceutical ingredients for many of these products to low production cost countries, such as China and India. The problem has deteriorated because of the Covid-19 crisis that has put most global value chains (GVCs) under great stress. This situation has boosted extensive discussions among academics, practitioners and policymakers on possible changes to the configuration of GVCs. This paper aims to focus specifically on antibiotics supply chains from the perspective of a small country (Sweden), and analyse the pros and cons of backshoring and nearshoring alternatives, as a means to reduce drug shortages.

This work adopts a systemic perspective to capture the implications of reshoring for the different stakeholders involved in the antibiotics field. The present meso-analysis, focusing at the industry level, is based on multiple sources of primary data collected between 2014 and 2021, including participation in policy-related projects and interviews with over 100 representatives of key stakeholders in the antibiotics field.

This paper shows how reshoring can address the problems of drug shortages and reduce availability risk in antibiotics’ GVCs. However, the authors show that no simple and best solution exists because both alternatives of reshoring, i.e. backshoring and nearshoring, entail pros and cons for different stakeholders. The authors conclude with implications for policymakers and managers.

The analysis of pros and cons of both backshoring and nearshoring for various stakeholders offers relevant implications for research on operations and supply management, international business and economics/political science.

This paper looks at reshoring as a policy-driven decision and provides an innovative systemic perspective to analyse the implications for different stakeholders of two reshoring options concerning the antibiotics supply chain.

This study aims to offer a value chain (real options) approach for reducing uncertainty exposure by pursuing a global frictionless trade ethos almost exclusively. Jolts of significant proportion, such as the recent COVID-19 pandemic and corresponding reshoring phenomena observed in Mexico and Central America, enhance the topic’s relevance.

This conceptual study sheds light on heightened systemic uncertainty because of extreme events; proposes a mitigation protocol rooted in real options (ROs); and prescribes incentivizing regional value chains through public–private partnerships (PPPs).

This study identifies a systemic multinational enterprise (MNE) response aimed at mitigating the repercussions of the most recent jolt of significant worldwide proportions and suggests developing regional value chains through PPPs. In doing so, the authors recognize an incipient MNE trend toward nearshoring and backshoring to achieve this end. This phenomenon is relatively underdeveloped in Europe, where fewer than 4% of firms have engaged in backshoring activities, even in the three-millennia-old Basque region. In contrast, last year’s backshoring of global value chains (GVCs) in Mexico and Central America was noticeable.

This study is among the first, to the best of the authors’ knowledge, to explore the nearshoring phenomenon as a response mechanism, and it opens avenues for finding better ways to mitigate worldwide uncertainties and exposure to extreme events.

This model would benefit MNEs and governments by keeping their operations running as close to capacity as possible, even when external jolts cause a partial or total system shutdown of MNEs’ GVCs. The proposed solution, namely, PPPs, can achieve these objectives through real options.

A social benefit of the regionalization of MNEs’ GVCs would be helping to resolve societal grand challenges, including lowering their global carbon footprint and reducing poverty. This is because having a regional supply facility close to their home market would not only lead to cost reductions for MNEs but also allow them to conduct more on-site quality control checks.

The regional real options concept offers an excellent opportunity for practitioners and governments to improve MNEs’ success via the mitigation of uncertainties and, concomitantly, the lives of billions of people.

El presente estudio ofrece un enfoque de cadena de valor (opciones reales) para reducir la exposición a la incertidumbre de perseguir casi exclusivamente un ethos comercial global sin fricciones. Los eventos externos de proporciones significativas, como la reciente pandemia de COVID-19 y los correspondientes fenómenos de relocalización observados en México y América Central, aumentan la relevancia del tema.

Este estudio conceptual 1) arroja luz sobre la mayor incertidumbre sistémica debido a eventos extremos, 2) propone un protocolo de mitigación basado en opciones reales, y 3) prescribe incentivar las cadenas de valor regionales a través de asociaciones público-privadas.

Este estudio identifica una respuesta sistémica de las EMN destinada a mitigar las repercusiones de la sacudida más reciente de proporciones significativas en todo el mundo y sugiere desarrollar cadenas de valor regionales a través de asociaciones público-privadas. Al hacerlo, reconocemos una incipiente tendencia de las EMN hacia la nearshoring y la backshoring para lograr este fin. Este fenómeno está relativamente poco desarrollado en Europa, donde menos del 4% de las empresas se han dedicado a actividades de deslocalización, incluso en la región vasca de tres milenios de antigüedad. En contraste, el retroceso del año pasado de las cadenas globales de valor en México y América Central fue notable.

Nuestro estudio es uno de los primeros en explorar el fenómeno de la nearshoring como mecanismo de respuesta, y abre vías para encontrar mejores formas de mitigar las incertidumbres mundiales y la exposición a eventos extremos.

El concepto de opciones reales regionales ofrece una excelente oportunidad para que los profesionales y los gobiernos mejoren el éxito de las empresas multinacionales mediante la mitigación de las incertidumbres y, al mismo tiempo, la vida de miles de millones de personas.

O presente estudo oferece uma abordagem de cadeia de valor (opções reais) para reduzir a exposição à incerteza de buscar quase exclusivamente um ethos de negócios global sem atrito. Eventos externos de proporções significativas, como a recente pandemia de COVID-19 e os correspondentes fenômenos de realocação observados no México e na América Central, aumentam a relevância do tema.

Este estudo conceitual 1) lança luz sobre o aumento da incerteza sistêmica devido a eventos extremos, 2) propõe um protocolo de mitigação baseado em opções reais e 3) prescreve o incentivo às cadeias de valor regionais por meio de parcerias público-privadas.

Este estudo identifica uma resposta sistémica das empresas multinacionais com o objetivo de mitigar os impactos do choque mais recente de proporções significativas a nível mundial e sugere o desenvolvimento de cadeias de valor regionais através de parcerias público-privadas. Ao fazer isso, reconhecemos uma tendência emergente de multinacionais em direção ao nearshoring e backshoring para atingir esse fim. Este fenómeno está relativamente subdesenvolvido na Europa, onde menos de 4% das empresas se dedicaram a actividades de offshoring, mesmo na região basca de três milénios. Em contraste, a retração das cadeias globais de valor no México e na América Central no ano passado foi notável.

Nosso estudo é um dos primeiros a explorar o fenômeno do nearshoring como um mecanismo de resposta e abre caminhos para encontrar melhores maneiras de mitigar as incertezas globais e a exposição a eventos extremos.

O conceito de opções reais regionais oferece uma excelente oportunidade para profissionais e governos melhorarem o sucesso de empresas multinacionais, mitigando incertezas e, ao mesmo tempo, a vida de bilhões de pessoas.

The main purpose of this paper is to explore innovative ideas for a sustainable fashion supply chain in the future by focusing on investigating the impacts of COVID-19 on the fashion supply chain and review sustainable supply chain.

A systematic literature review (SLR) and a case study have been undertaken to explore the innovative ideas for a sustainable fashion supply chain developed after the COVID-19 outbreak. Having conducted a comprehensive literature search in electronic databases Google Scholar, Emerald Insight, ScienceDirect and ProQuest, 69 articles were selected and reviewed. A case of the Kering Group was used to explain the results.

This paper highlighted the basic concepts of a sustainable supply chain, reviewed the 10 principles of the United Nation Global Compact and their connections to promoting supply chain sustainability, as well as the three components of a sustainable supply chain: green supply chain, transparent supply chain and circular supply chain. Based on the results of a SLR and a real case of Kering Group, the paper identified 12 innovative ideas for a sustainable fashion supply chain: (1) biodegradable and natural materials, (2) textile recycling, (3) nearshoring, (4) artificial intelligence (AI), (5) robot, (6) 3D printing, (7) Internet of Things, (8) blockchain, (9) reverse resources; (10) bio-packaging, (11) augmented reality (AR) and virtual reality (VR) and (12) digital runway.

The epidemiological situations of the COVID-19 pandemic and the corresponding innovative ideas for a sustainable supply chain may change over time. While this paper provides a comprehensive literature review and case study, further research is needed to evaluate the effectiveness of current efforts in the development of a sustainable fashion supply chain through collecting both quantitative and qualitative data.

Embracing the issues from the COVID-19 pandemic, the results of this study are further explained by the case of Kering Group in the fashion industry. The managerial implications of the results and discussion are the need to adopt innovative ideas for a more sustainable fashion supply chain in the future. The success of sustainable supply chains work by leveraging the best available technologies such as robot, 3D printing, AR and VR, setting consistent standards for sustainability such as Environmental Profit and Loss and Kering & Textile Exchange and communicating with all parties throughout the supply chain, such as blockchain and AI. Investment in developing technology and innovative ideas will be the key of future to supply chain sustainability. Nonetheless, the specific approach used by each organization must be tailored to its characteristics, goals and circumstances.

Bringing upon unprecedented challenges, the pandemic has shown both companies and consumers just how fragile our planet is. Thus, to protect our planet in the long run, we need to not only make businesses more sustainable but also live more eco-friendly lifestyles.

To the best of the authors’ knowledge, this is the first work that conducts a systemic review of the relevant academic journal articles addressed to the managerial audience on sustainable (fashion) supply chain. In addition, this paper also adds some consideration to this gap by exploring the innovative ideas for a sustainable fashion supply chain in the future and using a case to illustrate how these ideas can be put in a real-life context. This paper discusses the impact of COVID-19 on different stages of the supply chain and gives innovative ideas that can be used in response to the changing epidemiological situations of the pandemic.