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.
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.
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.
Reshoring from China: The Changing Landscape of Global Manufacturing
In recent years, the concept of reshoring has gained significant attention in the business world. Reshoring refers to the process of bringing back manufacturing and production operations to the home country from overseas, particularly from countries like China. This shift is driven by a variety of factors, including rising labor costs, supply chain vulnerabilities, intellectual […]
Value in Supply Chains: 6 Key Metrics
Supply chains are complex networks of organizations, processes, and resources that are responsible for the efficient movement of goods and services from suppliers to customers. To ensure the success and competitiveness of supply chains, it is crucial to uphold each key value in supply chains that drive excellence and contribute to overall business performance. Value […]
Why Vietnam’s Manufacturing Industry is Facing Similar Challenges to China’s [2025]
Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China and reshoring to North America. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. However, manufacturing in Vietnam has many of the same problems as China (with […]