Remove Administrative Remove Efficiency Remove Labor Costs Remove Nearshoring
article thumbnail

Manufacturing in Mexico vs. China: Why U.S. Companies Prefer Nearshoring

Ivemsa

due to low labor costs. This convenience and efficiency allow them to get products to market faster and eliminate additional costs when shipments are delayed. This minimizes a company’s risk and liability and provides them with administrative support and expertise during the setup process.

article thumbnail

How Working with a Mexico Shelter Company Helps Manufacturers Optimize Cost Savings

Ivemsa

Nearshoring to Mexico comes with its own built-in benefits compared to operating in the U.S. Lower labor costs and lease prices, as well as unique tax exemptions, are the main areas where manufacturers can save. Here’s how: Lower Labor Costs Mexico’s competitive labor market is one of the key reasons why U.S.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Preparing for the Advancement of Nearshoring to Mexico

Ivemsa

This program allows foreign manufacturers exemption from the 16% VAT tax on temporarily imported goods and materials, making it one of the key advantages incentivizing nearshoring to Mexico for foreign operators. One of the biggest advantages of nearshoring to Mexico is the highly-skilled, cost-effective workforce.

article thumbnail

Nearshore Manufacturing: Why U.S. Companies Should Work with a Shelter Partner

Ivemsa

Efficiency and cost-effectiveness are two of the key reasons why a growing number have begun nearshoring to Mexico , though a strong infrastructure, low trading costs, and workforce availability also play a role in why it’s historically been a successful strategy. The post Nearshore Manufacturing: Why U.S.

article thumbnail

BPO Business Models: 3 Must-Know Facts

Pure Moderation

Most businesses also find that outsourcing has made their work more efficient. If you’re wondering why companies choose to outsource work , then it’s thanks to a host of benefits: Improved Efficiency Cost-Effective Better Security Expert Advice From Industry Professionals. Improved Efficiency.

BPO 98
article thumbnail

The Benefits Of Partnering With Intugo For a Customer Service Outsourcing Operation In Mexico

Intugo

Moreover, Intugo leverages Mexico’s technological prowess to equip outsourced call centers with state-of-the-art tools for efficient communication and problem-solving. They handle payroll, benefits administration, and employee relations, allowing companies to focus on core business activities.

article thumbnail

Setting Up Small Business Accounting Services in Mexico with Intugo

Intugo

Competitive Cost Structure In Accounting Services For Small Businesses Henceforth, with the combination of lower labor costs and a skilled workforce, Mexico provides a favorable business environment. Consequently, this cost advantage boosts profitability.