Low labor costs are one of the most appealing advantages of moving manufacturing to Mexico. As a result, many manufacturing companies use product assembly in Mexico, a labor-intensive process. Some manufacturers choose to produce in other countries than Mexico, and then assemble the final product in Mexico’s factories. A finished or semi-finished product is constructed […]
Reshoring
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Nearshoring: Mitigating Supply Chain Risks through Strategic Proximity
In an increasingly interconnected global economy, supply chain management has become a critical aspect of business success. The COVID-19 pandemic highlighted the vulnerabilities of complex, far-reaching supply chains, prompting companies to explore more resilient alternatives. Nearshoring has emerged as a strategic solution, offering businesses a way to mitigate supply chain risks while capitalizing on geographical […]
Outsourcing Manufacturing Options: Nearshore Manufacturing, Offshore. What’s the Difference?
Globalization has increased the number of options available to businesses when it comes to outsourcing manufacturing of their products. Depending on the company’s priorities and needs, companies can choose between nearshore, offshore, and onshore manufacturing. A company seeking to make an informed decision about their outsourcing manufacturing strategy must understand the differences between each of […]
Low Labor Costs in Mexico: Top Ways Manufacturing Profits [2024]
Imagine a world where skilled workers are plentiful, eager to please, and available at a fraction of the cost you’re used to. Sounds like a fantasy, right? Well, for many manufacturers, low labor costs in Mexico are turning this dream into reality. This article delves into the various ways companies can leverage this advantage and […]
Proximity to Market Challenge: Mexico vs. China [2023]
It is crucial for your manufacturing operation to have an efficient supply chain and a short proximity to your market. Often, this is not possible if your business is dependent on shipping times from overseas. The establishment of manufacturing facilities overseas has long been regarded as a means of reducing labor and production costs; however, […]