Sourcing Captain

AUGUST 25, 2021

In today’s hugely competitive global markets, everyone strives to reduce their sourcing costs while still maintaining the quality. Effective sourcing of goods from suppliers is more important today than it was ever before. For this reason, strategic sourcing has become central to every organization’s procurement policy.

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IBM Services

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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Sourcing Captain

AUGUST 25, 2021

When it comes to global sourcing another important thing to keep in mind is to make your supply chain immune to external risks. If you are a business owner looking to source products from China , you need to make sure your supply chain is guarded against all kinds of ambiguity and potential risks. On-the-ground team.

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Sourcing Captain

SEPTEMBER 28, 2021

Sourcing products from a low-cost country such as China can make a huge difference to your top and bottom lines. However, your success depends a lot of how to create and implement your sourcing strategy. Here are some tips that will help you create a profitable China sourcing strategy. Tip 1: Look beyond the Production Costs.

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Perficient Digital Transformation

APRIL 20, 2022

Recently, in honor of International Women’s Month, Perficient hosted a roundtable “Mastering Manufacturing with Experts”, with female manufacturing experts to discuss top trends in the manufacturing industry. Panelists also discussed go-to-market strategies for bringing new or existing products and services to market.

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IBM Business Partners

SEPTEMBER 5, 2023

Open-source software. DevOps, open source and the mainframe Open-source software and DevOps share a common philosophy and technical underpinnings. GitOps gets its name from Git, the hugely popular, open-source code-management tool. Such an architecture includes many open-source elements.

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Sourcing Captain

SEPTEMBER 16, 2021

As we have discussed in our previous blogs, strategic sourcing is the perfect and innovative way to reduce costs, achieve a faster time to market and improve the quality of the final product. Wikipedia defines strategic sourcing as,” the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.

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Ivemsa

JANUARY 30, 2024

Cost-effective labor is one of the biggest benefits of manufacturing in Mexico. and other foreign manufacturers may be wondering how this cost increase affects them. Therefore, the impact of the increase to foreign manufacturers will be minimal, if at all. However, with the recent change in Mexico’s minimum wage, U.S.

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Ivemsa

OCTOBER 20, 2023

Mexico has been a manufacturing leader but has recently surpassed China as the top trade partner with the U.S. and other foreign manufacturers expanding their operations can depend on the blueprint that Mexico has in place. Over the past 20 years, the number of aerospace manufacturing firms has grown over triple in size.

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Ivemsa

APRIL 1, 2024

Understanding how to navigate operating in a foreign country often requires a learning curve many manufacturers aren’t prepared for. and other foreign manufacturers can stay competitive : 48-Hour Work Week The U.S. However, it is common for manufacturers to divide the 48-hour work shift into a five-day Monday-to-Friday work week.

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Ivemsa

OCTOBER 26, 2023

Manufacturing in Mexico has prevailed as a leading business strategy, especially over the last few years. and other foreign manufacturers have outsourced production to China without owning their own factories or equipment. Quoted by Units vs. an All-Inclusive Fee With contract manufacturing, companies work with third-party suppliers.

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Ivemsa

JULY 31, 2023

The benefits of manufacturing in Mexico have become common knowledge for most, though few may know about the specific importance of the IMMEX program. The IMMEX (formerly known as the maquiladora) program was established in the 1960s as a way to boost the manufacturing industry in Mexico. manufacturers. Regardless, U.S.

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Ivemsa

AUGUST 23, 2023

Manufacturing in Mexico has grown exponentially over the years, particularly in the automotive industry. manufacturers have been incentivized by USCMA trade provisions regarding original auto content, as well as legislation on microchip production. manufacturers are constantly looking for new ways to save on costs. However, U.S.

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Ivemsa

SEPTEMBER 5, 2023

manufacturers began operating in Mexico as part of its maquiladora program. has become Mexico’s largest trading partner with goods and services totaling over $614 billion. manufacturers as leaders in semiconductor production worldwide. manufacturers when saving on costs for labor-intensive industrial processes.

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Ivemsa

NOVEMBER 29, 2022

Pandemic restrictions and the Great Resignation have delayed and derailed supply chains and manufacturing operations. manufacturers setting their sights on Mexico, they are eager to operate closer to home while still maintaining a cost-effective business model. How Shelter Services Ease Manufacturing Challenges.

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Perficient Digital Transformation

SEPTEMBER 30, 2022

As a leader in Salesforce solutions for the Manufacturing and Automotive industries , I want to share with you some key learnings from Dreamforce. Emerging services, subscriptions, and charging. Tune into the Manufacturing and Automotive keynote from Dreamforce via Salesforce+. Trends in the Automotive Industry. Sustainability.

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Ivemsa

AUGUST 30, 2022

For decades, global manufacturers have invested in the program to grow their companies and product offerings at a cheaper, more efficient rate. is Mexico’s number one source of foreign direct investment with $100.9 For those manufacturing in Mexico for the first time, the most popular route is to work with a shelter provider.

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Ivemsa

AUGUST 30, 2022

manufacturers, though trade war conflicts have caused many to set their sights on Mexico instead. manufacturers can serve their customer base faster and at a more cost-effective rate , especially compared to China. is available when manufacturing in Mexico which expedites timelines and decreases freight costs. It exempts U.S.

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Ivemsa

DECEMBER 14, 2022

and other foreign manufacturers are considering Mexico as part of their strategy to expand production in the new year. As of November 2022, 87% of Mexico’s imports come from manufactured products. In turn, manufacturing in Mexico will help U.S. To get ahead in 2023 means Mexico manufacturing will play an even larger role in U.S.

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CGS Inc

MAY 25, 2023

Body Over the years, you have undoubtedly heard the stories chronicling large retailers’ decisions to invest in their manufacturing supply chains. Panelists in the session included industry veterans Brett Mathes, Carhartt Director of Supply Chain Services and Paul Magel, CGS President of Application Solutions and Technology Outsourcing.

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Ivemsa

FEBRUARY 17, 2022

While the pandemic is what initially sparked a series of delays and stunted foreign operations, manufacturers are still reeling from residual challenges two years later. For many, that involves manufacturing in Mexico. manufacturers that choose to operate in Mexico. However, Mexico manufacturing is not a new strategy.

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SIG Speaks

APRIL 25, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. The sourcing lead ensured buy-in from the plant's critical stakeholders for the food service change by clearly communicating the industry.

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Ivemsa

OCTOBER 25, 2022

Manufacturing in Mexico has been a significant global strategy for the past several decades. However, recent shifts in the economy have resulted in a spike in growth, particularly due to manufacturers moving their operations from China to Mexico. Sources: [link]. Instead, U.S. This level of security has been a challenge for U.S.

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Everest Group

JANUARY 25, 2024

Application Transformation Services Recognizing the increasing demands of customers and business imperatives for meeting productivity mandates, enterprises are increasingly acknowledging the significance of application transformation.

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Ivemsa

JULY 20, 2022

manufacturers are considering growing their operations in Mexico versus continuing to expand in China. and China, as well as pandemic-related supply chain delays position Mexico manufacturing solutions as an optimal choice. is another way Mexico manufacturing solutions help companies grow. There are a number of reasons why U.S.

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Everest Group

APRIL 2, 2024

Application Transformation Services – Europe As customers’ needs evolve and businesses strive for greater efficiency, the importance of application transformation has substantially increased for enterprises. Furthermore, there is a persistent emphasis on sustainability, compliance, and regulatory adherence.

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Ivemsa

MARCH 15, 2023

For decades, nearshoring to Mexico has been integral for automotive manufacturers. Global brands including Ford, GM, and Volkswagen have relied on Mexico manufacturing to meet the market’s growing demand. Search for Portfolio Diversification Since the pandemic, many manufacturers have been cautious about continuing operations in China.

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Ivemsa

APRIL 20, 2022

There are numerous benefits of moving manufacturing to Mexico which have led to continuous economic growth and success for global companies across all industrial sectors. The IMMEX program is one of the biggest reasons foreign companies choose manufacturing in Mexico as part of their overall strategy. However, there are advantages U.S.

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Ivemsa

AUGUST 26, 2022

For decades, Mexico manufacturing has delivered these benefits and supported global operations worldwide, which has allowed it to eventually evolve into the favored choice over manufacturing in China. Mexico border is always the best option for a manufacturer with a customer base in the U.S. Consider the Client Base.

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Ivemsa

JANUARY 20, 2022

When comparing factors, such as labor rates, transportation fees, and an overall better sense of operational security, Mexico remains competitive when it comes to cost-effective manufacturing. Despite the 22% increase in Mexico’s minimum wage to start the new year, foreign manufacturers still benefit from a low cost of labor in Mexico.

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Ivemsa

FEBRUARY 22, 2023

manufacturers have been more actively focused on hiring and retaining enough qualified workers to meet production demand. However, with increasing competition for job placement with other sectors like technology, healthcare, and financial services, it’s been a challenge to find skilled labor. For the past few years, U.S.

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Ivemsa

DECEMBER 15, 2022

Manufacturing in Mexico has ramped up over the past several years without any sign of slowing down. When manufacturing in Mexico , permits must first be approved, which can be a lengthy process. and other foreign manufacturers report their operational process, including the type of production and description of materials.

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Ivemsa

FEBRUARY 25, 2022

have affected a number of industries, but it’s the decline of industrial employees that has caused concern for many manufacturers. million unfulfilled manufacturing jobs. Instead, they seek higher education or greater endeavors and are not seeking out trade schools or manufacturing roles. Labor shortages across the U.S.

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Ivemsa

SEPTEMBER 28, 2022

Sourcing quality suppliers is essential to a production’s efficiency and overall success. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes.

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Everest Group

APRIL 15, 2024

Enterprise Immersive Experience Services As the immersive experience landscape evolves from its initial stages to a fully realized state, it promises to transform both consumer and enterprise digital experiences. indicating a promising future for immersive experience services across industries.

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Ivemsa

APRIL 19, 2022

One of the biggest advantages of manufacturing in Mexico is the availability of a skilled, cost-effective workforce. Fortunately, a shelter service company like IVEMSA handles all HR and recruiting responsibilities, freeing up time and resources for manufacturers to focus solely on production. Hiring Senior-Level Positions.

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Ivemsa

DECEMBER 27, 2021

Mexico manufacturing is a leading strategy for U.S. Though not a new approach, it’s one that’s being revisited as companies increase their current foreign direct investment (FDI) or consider manufacturing in Mexico for the first time. is Mexico’s leading source of FDI, amounting to $100.9 manufacturers.

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