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Nearshoring to Mexico & The Advantages of the IMMEX Program

Ivemsa

Nearshore manufacturing has remained a hot topic over the past decade, particularly rising in popularity post-pandemic. Since 2020, a rising number of companies have begun to diversify their portfolios or completely move their outsourced operations from China to Mexico. The close proximity to the U.S., manufacturers.

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Exploring the Top Benefits of Nearshoring to Mexico

Ivemsa

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. and other foreign operators.

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FAQ: Moving Manufacturing to Mexico from China

Ivemsa

Nearshoring manufacturing to Mexico has its advantages over operating in China, though there are frequently asked questions that must be answered in order to help make a decision. manufacturers nearshoring to Mexico can often receive shipments within the same day they are shipped out, depending on how close facilities are to the U.S./Mexico

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Konecta-Comdata Merger Creates a Business Process Outsourcing (BPO) Giant – What Does it Mean for the CXM Market?

Everest Group

Global CXM provider Comdata offers end-to-end management solutions (acquisition, retention, customer service, technical support, and credit collection) in 30 languages across four continents and 21 countries with its network of 50,000-plus agents. Read on to find out what this big deal will mean. Creation of a global champion.

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Exploring the Advantages of Mexico’s IMMEX Maquiladora Program

Ivemsa

from 1993-2020. These numbers exemplify the security and growth of nearshore manufacturing in Mexico and how the IMMEX maquiladora industry has continued to thrive. When compared to the industrial labor shortage and increasing labor costs in the U.S., In fact, the U.S.

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Manufacturing in Mexico: 5 Benefits to Consider

Ivemsa

A shelter company can save companies up to 30 percent annually versus operating outside of shelter services. In 2020, the updated USMCA was enforced, favoring trade within North America. Bureau of Labor Statistics, retaining an older workforce equals higher labor costs for those who do work beyond retirement age.

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3 Key Factors Benefiting the Growth of Manufacturing in Mexico

Ivemsa

From 1993-2020, bilateral trade between the U.S. Not only is there more qualified and available talent, the labor costs in Mexico are also lower than industrial wages in both the U.S. Reliable, Cost-Effective Supply Chain. and Mexico has grown by 482% with Mexico serving as the second largest export market for the U.S.