Ivemsa

MAY 20, 2022

And, despite the decline in production levels due to the coronavirus pandemic, the maquiladora industry is reaching historic growth levels. These numbers exemplify the security and growth of nearshore manufacturing in Mexico and how the IMMEX maquiladora industry has continued to thrive. Industry Diversity. Competitive Labor.

Manufacturing 52

Manufacturing Labor Costs Nearshoring Streamline Operations 52

Ivemsa

OCTOBER 21, 2021

Change isn’t anything new in the manufacturing industry. Two of the key provisions are in reference to original automotive content and intellectual property protection. Highly Skilled Industrial Talent. There are fewer workers available and willing to take industrial jobs. With a trade war between the U.S.

Manufacturing 52

Manufacturing Labor Costs Administrative Jobbing 52

Ivemsa

JANUARY 19, 2022

The manufacturing industry has experienced a heightened sense of uncertainty over the past two years due to the pandemic. Global manufacturers in industries like aerospace, automotive, and electronics have been increasing their foreign investment in Mexico for decades. Enlisting the Expertise of a Shelter Company.

Manufacturing 52

Manufacturing Nearshoring Labor Costs Infrastructure Costs 52

Ivemsa

MARCH 28, 2022

This region is experiencing a heavy industrial growth phase, comparable to the one that northern border states had 20 years ago, which means investment now will have significant returns in the future. Many employees work for the same company for upwards of 20-25 years, which means less training, turnover, and hiring costs for the company.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Government 52

Ivemsa

OCTOBER 6, 2021

The manufacturing industry is ever-evolving, and there’s been a particular shift that’s picked up steam over the past several years. They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. 2: Competitive Costs. 2: Competitive Costs.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Offshoring 52

Ivemsa

APRIL 6, 2022

It starts with knowing how to recruit from Mexico’s highly competitive workforce and exploring industrial destinations with more room to expand. The number of industrial jobs is beginning to exceed the number of workers available to fill them, a problem companies currently face in the U.S. Recruiting from a Competitive Workforce.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Engineering 52

Ivemsa

DECEMBER 14, 2022

This continuous shift has made it more challenging to secure industrial space and qualified talent to support these endeavors. This industry may include companies that produce heavy automotive trailers which are cumbersome and costly to ship when produced overseas. Qualified and Available Technical Labor. However, as U.S.

Manufacturing 52

Manufacturing Nearshoring Labor Costs Offshoring 52

Ivemsa

DECEMBER 27, 2021

companies considering an operational expansion, particularly as they pivot to accommodate for the industrial labor shortage plaguing the country. Among the top contributing industries are automotive, aerospace, and electronics. Steadily Growing Industrial Workforce. Reliable, Cost-Effective Supply Chain.

Manufacturing 52

Manufacturing Labor Costs Accounting Administrative 52

Ivemsa

APRIL 7, 2022

manufacturers, particularly those in the automotive and electronics sectors. Canada, and Mexico include copyright safe harbors to deter online piracy, a minimum of 15-year protection for industrial designs, strong civil and criminal trade secret protections, among others. What are the estimated cost savings of nearshoring to Mexico?

Manufacturing 52

Manufacturing Nearshoring Labor Costs Administrative 52

SourcX

SEPTEMBER 15, 2020

The victims include the technology and automobile industry, as well as many others. Given the increasing demand for manufacturing abroad while avoiding a dependency on any one country, India is emerging as an alternative low cost sourcing country to China. Low labor costs is one of the main advantages of international sourcing.

Manufacturing 52

Manufacturing Pharmaceuticals Labor Costs Engineering 52

NoonDalton

NOVEMBER 13, 2023

In recent years, Artificial Intelligence (AI) has rapidly emerged as a transformative force across various industries, reshaping the way businesses operate and interact with their customers. The outsourcing industry, traditionally driven by human skills and interactions, stands at a crossroads with the advent of AI.

Outsourcing 52

Outsourcing Jobbing Collaborations Automation 52

Magellan Solutions

APRIL 16, 2020

Outsourcing can benefit businesses of all industries and sizes, especially during challenging times. In fact, a lot of key industry players are taking advantage of offshore outsourcing. It can be easy to assume that Apple does this to save up on labor costs, since labor tends to be cheaper in other countries.

Outsourcing 82

Outsourcing Offshoring Sales Manufacturing 82

Magellan Solutions

JULY 17, 2021

Thus, they will look for an offshore insurance process outsourcing provider to lend them industry experts. All these attributes with the rising of labor costs as well as the inferior skills of claim insurance agents. This is the largest in the industry as it consists of 28.81% share in the global market. .

Insurance 52

Insurance Outsourcing Call Center BPO 52

Planergy Software

JANUARY 20, 2022

Lower Costs Logistics are an expensive part of operations, often outweighing labor costs. Every industry – healthcare, pharmaceuticals, and medical supplies, aerospace, automotive, and ecommerce, to name a few – has been affected by the lockdowns. To be successful, you must be flexible and adaptable.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Planergy Software

JANUARY 14, 2022

Lower Costs. Logistics are an expensive part of operations, often outweighing labor costs. Every industry – healthcare, pharmaceuticals, and medical supplies, aerospace, automotive, and ecommerce, to name a few – has been affected by the lockdowns. To be successful, you must be flexible and adaptable.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

IBM Business Partners

JUNE 26, 2023

The global automotive industry is in the midst of major changes and challenges against the trend of electrification and intelligence. According to the recent statistics released by a local auto industry association, the sales of China’s fuel vehicle market have declined for three consecutive years.

Co-Sourcing 66

Co-Sourcing Automation Software Manufacturing 66

IBM Business Partners

JULY 28, 2023

In industrial metal-to-metal welding operations, companies are struggling to automate inspections to efficiently detect weld defects. To prevent costly product recalls, excessive scrap, re-work and other costs associated with poor quality, companies look to automate inspections and identify weld defects early and consistently.

Manufacturing 57

Manufacturing Analytics Right-Sizing Engineering 57

Zinnov

MARCH 27, 2024

Access to Cost-Efficient Global Talent A key advantage of a GCC is the major cost savings achieved by strategically allocating resources worldwide. By placing centers in strategic talent hubs abroad, companies can significantly reduce labor costs without sacrificing quality.

Offshoring 52

Offshoring Healthcare Labor Costs Retail 52

IBM Business Partners

JUNE 29, 2023

Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. Digitalization and Industry 4.0 Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. Industry 4.0

Manufacturing 60

Manufacturing Robotics Process Automation Supply Chain Management Out-Tasking 60