Manufacturing electronics in Mexico offers several advantages that make it an attractive choice for companies. Some of the main advantages include: These advantages make Mexico an appealing choice for electronics manufacturing, allowing companies to capitalize on the benefits of cost-effectiveness, proximity to markets, skilled labor, and a supportive business ecosystem.
Manufacturing is a major industry in China, as we know. A third of supply chain leaders plan to move manufacturing out of China by 2023, according to Gartner research. There are several reasons why companies are moving manufacturing out of China: Overall, the combination of rising costs, supply chain disruptions, geopolitical tensions, and intellectual property […]
The companies eligible to benefit from the IMMEX program must export finished products worth at least US $500,000. Their export revenues must also account for at least 10% of their annual sales.
It is common practice in manufacturing to set a minimum order quantity (MOQ), which is the fewest amount of units that need to be purchased at once. Manufacturers or suppliers usually use MOQs for production runs, but a manufacturer can set them for different types of orders. At NovaLink, we do not establish relationships with […]
Manufacturing industries are involved in the creation of items (finished products) that have a market value. Industries that do not manufacture commodities and instead provide services are classified as service industries. Many industries classify service operations, including banking, insurance, hospitality, advertising, logistics, and consulting.