Remove Blog Remove Labor Costs Remove Operational Costs Remove Payroll
article thumbnail

Customizing Nearshore Manufacturing to Meet Company-Specific Needs

Ivemsa

Tailoring Benefits Based on Company Size Manufacturing companies of all sizes appreciate being able to leverage Mexico’s low labor costs and established infrastructure to continue growing their production. Nearshoring to Mexico allows companies to benefit from established supply chains, reduce lead times, and save on operational costs.

article thumbnail

How Foreign Manufacturers Use Mexico’s IMMEX Program to Their Advantage

Ivemsa

The Added Benefit of Working with a Shelter Partner Though each company is different, all manufacturers share one common goal: to reduce operational costs. Shelter services in Mexico include everything from HR and payroll to tax , accounting, and trade. Mexico labor rates are significantly lower than in the U.S.

article thumbnail

How outsourcing is helping deliver retail and eCommerce success

Microsourcing

By outsourcing certain business functions, retailers and eCommerce operators can dedicate more resources to their core capabilities and seamlessly scale up or down depending on economic conditions. Along with multiple tasks being able to be outsourced, businesses can save up to 70% on labor costs by working with external providers.

Retail 52