Ivemsa

APRIL 6, 2022

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.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Engineering 52

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. Businesses will be able to leverage AI-powered tools and platforms to improve efficiency, reduce costs, and enhance the overall quality of their IT services.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Obobo

DECEMBER 14, 2022

What is Global Sourcing? Global sourcing is the procurement of goods and services from suppliers in multiple countries. It’s a type of sourcing that has become increasingly popular among businesses in recent years as a way to optimize costs and access new markets. What is Global Sourcing? Definition.

Sourcing 40

Sourcing Labor Costs Nearshoring Out-Tasking 40

Groove Technology

JULY 27, 2023

Here are some key advantages: Increased Cost Efficiency By opting for software outsourcing, businesses can significantly reduce operational costs. Offshore development centers in countries with lower labor costs offer competitive rates without compromising quality.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Everest Group

SEPTEMBER 14, 2023

With robust telecommunications and widespread internet connectivity, businesses can efficiently run contact center operations Impact sourcing focus: South Africa offers companies a chance to meet impact sourcing goals while remaining cost-effective.

Service 69

Service Impact Sourcing Contact Center Outsourcing Government 69

Ivemsa

SEPTEMBER 28, 2021

Nearshoring to Mexico has been a successful strategy for U.S. There are several advantages, such as lower labor costs, free trade agreements, and a set infrastructure that numerous global industrial leaders have relied on for their production and continued expansion. Source: [link].

Nearshoring 52

Nearshoring Manufacturing Labor Costs Government 52

Ivemsa

MAY 20, 2022

remains Mexico’s top source of foreign direct investment (FDI) at just over 39%, or $100.9 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.,

Manufacturing 52

Manufacturing Labor Costs Nearshoring Streamline Operations 52