Mexico’s supply chain industry has become an integral part of the global supply chain network, providing a strategic link between North and South America. As a result of its advantageous location, highly-skilled workforce, and favorable business climate, Mexico has emerged as a key player in the global supply chain industry, offering significant benefits for companies […]
Supply Chain
The Impact of Reshoring on Supply Chain Management and Logistics
The trend of reshoring is on the rise. With concerns about the high cost of labor in China and the difficulties of managing a complex global supply chain, many companies are choosing to relocate their operations closer to home. Companies are concerned about the impact of reshoring on supply chain management and logistics. While reshoring […]
Principles of Strategic Sourcing in Mexico
Knowing the principles of strategic sourcing in Mexico is a key element of success for companies that want to implement strategies to negotiate and better interact with Mexican suppliers. This article will explain the fundamentals of strategic sourcing in Mexico and how to apply them to improve the purchasing and supply process. Defining Strategic Sourcing […]
How Outsourcing Product Assembly to Mexico Can Revolutionize Your Business: An In-Depth Exploration of the Benefits and Opportunities
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 […]
Nearshoring: What is it, and how can it mitigate supply chain risks
Nearshoring is a production outsourcing model where a company subcontracts manufacturing in a nearby country such as Mexico. Manufacturing closer to home reduces supply chain risks. What is nearshoring? The concept of nearshoring is derived from “offshoring.” This is a mechanism by which companies transfer production processes to third parties located in distant destinations to […]
