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 […]
Supply Chain
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: 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 […]
Nearshoring Manufacturing to Mexico in Times of Global Crisis
In an era marked by global uncertainties and rapid disruptions, businesses are seeking resilient solutions to navigate the turbulent waters of supply chain management. One strategy that has gained significant traction is nearshoring manufacturing to Mexico. This proactive approach offers a host of benefits that not only enhance business continuity but also position companies to […]