Editor’s note: The following is an updated version of an article published on the Shoreview Management Advisors website in June 2020. The relevancy of these issues continues to increase. As executives consider the best way to strengthen their strategic sourcing strategy, we highly recommend they consider Mexico due to the inherent relationship capital between the two […]
China
There is a vast difference in starting time for manufacturing operations between Mexico and China. If you are lucky and are able to quickly get through the red tape associated with starting operations in Communist China, the average amount of time is 33 days. In Mexico, with the aid of NovaLink’s services, you may be up and running in as little as 6 days.
Time to Market is an Advantage for Mexican Manufacturers [2023]
When it comes to manufacturing, time is of the essence. The ability to bring products to market quickly can be a game-changer for businesses, offering them a competitive edge in today’s fast-paced global economy. In recent years, Mexico has emerged as a preferred manufacturing destination due to its strategic advantages, including its impressive time to […]
Ally-Shoring: The Next Level of Outsourcing
Nowadays, businesses are constantly looking for ways to stay competitive and maximize their efficiency. An example of such a strategy is ally-shoring, which has gained a great deal of traction in recent years. By combining the advantages of nearshoring and offshoring, this innovative business model creates a powerful business model. This article explains what ally-shoring […]
LinkedIn: What Mexico Manufacturing Can Offer, That China Can’t
If offshoring takes business processes overseas, nearshoring stays closer to home and typically involves countries that share a border with your own. For the U.S., the paradigmatic examples of offshoring and nearshoring are China and Mexico, respectively. What follows is a list of reasons that Mexico is becoming more competitive with China every day.
CNBC: Some Manufacturers Say ‘Adios’ to China
Robert Moser moved the manufacturing of his company’s lines of cleaning products and kitchen gadgets to China during the last decade. Now his company is moving its manufacturing again—to Mexico. “When you look at total costs, you’re pretty much at parity,” says Moser, president of Casabella, based in Congers, N.Y.