2020 Labor Costs Nearshoring Reduced Costs 
Ivemsa
JULY 31, 2023
Though nearshoring to Mexico is not a new strategy, it is one more companies are considering for the future. It’s received greater attention in recent years because of increasing conflicts regarding trade with Asia, as well as the slowdown of supply chains during the pandemic in 2020. in terms of reduced costs and worker availability.
3Pillar Global
MARCH 15, 2021
Another survey , CGS’ 2020 Business Process Outsourcing Trends (which covers IT/software projects, including accounting or manufacturing and beyond), found that 45% of executive respondents cited improving the customer experience as their primary motivation for outsourcing, while 36% said it was cost-cutting.
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