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5 Reasons to Consider Merida When Nearshoring to Mexico

Ivemsa

Nearshoring to Mexico is not a new concept. Merida is one of the main locations to keep on the shortlist of places to set up nearshoring to Mexico. Merida is one of the main locations to keep on the shortlist of places to set up nearshoring to Mexico. Differing from the lifestyle of nearshore manufacturing near the U.S/Mexico

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Reinvesting in Mexico: 3 Sectors That Are Leading the Way

Ivemsa

manufacturers are moving their facilities from China to Mexico or expanding their operations outside their headquartered city for the first time and nearshore manufacturing south of the border. Furthermore, American medical device firm Becton Dickenson reinvested more than $9 million USD in 2019 for a new plant in Hermosillo, Sonora.

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Rising Prominence of Africa in Technical Support and Other Value-added Services

Everest Group

Africa has been part of the sourcing strategy of numerous Information Technology (IT) and BPS leaders in the Europe, Middle East, and Africa (EMEA) region for quite some time. Cost arbitrage: Some countries in Africa offer highly-attractive cost arbitrage compared to source geographies. Source: Everest Group.

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Outsourcing Case Studies Businesses Can Learn From

NoonDalton

Curiosity Stream is a global independent media firm and video-on-demand streaming service that experimented with outsourcing in 2019. StudyTube is a Dutch-based online education portal that relies on nearshore programmers. To this end, we’ve gathered 10 outsourcing case studies to help you get a better grasp of outsourcing.

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Major US Companies that Used Outsourcing to Recession-Proof Themselves

NoonDalton

Multisourcing In order to achieve business objectives, multisourcing refers to the methodical provisioning and blending of IT and business services from the best internal and external sources. They let go of hundreds of employees in 2019 in favor of contracting out accounting and financial services.

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How Mexico’s Top Industries Have Benefited from USMCA Updates

Ivemsa

The North American Free Trade Agreement (NAFTA) served its participating countries well by placing value on nearshoring and as a result, it boosted exports, created manufacturing jobs, and increased wages for industrial labor. billion USD in 2019. Sources: [link]. manufacturers to grow as well. million units to 3.5

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How to find the right outsourcing provider

ScaleHub

Nearshore outsourcing (or nearshoring) : As its name suggests, nearshoring is leveraging resources that are close to you in geographic location. Get a well-rounded picture from an external source. Know the limitations & scalability In 2019, outsourcing was already forecast to see immense growth.