Ivemsa

OCTOBER 21, 2021

Plus, there’s no additional investment necessary to set up administrative departments and systems, which saves manufacturers at least $28,500 per month. In 2020, the updated USMCA was enforced, favoring trade within North America. USMCA Provisions. Manufacturing in Mexico has been a key strategy for U.S.

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Ivemsa

DECEMBER 27, 2021

From 1993-2020, bilateral trade between the U.S. Furthermore, shelter companies provide an extensive list of administrative services , including HR and recruiting, taxes and accounting, and customs compliance to help get an operation up and running. Meanwhile, the U.S. is Mexico’s leading source of FDI, amounting to $100.9

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Intugo

OCTOBER 12, 2023

Administrative functions, sometimes called internal business functions, include accounting , information technology (IT) services , human resources (HR) , payment processing , and quality assurance. What is Business Process Outsourcing in Mexico Used For? This can affect the existing infrastructure in both companies. What are the benefits?

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Ivemsa

OCTOBER 19, 2022

Either way, IVEMSA can guide companies through the process by offering administrative services, such as HR, accounting, and trade operations, and securing all permits and certifications. Nearshoring. Nearshoring has resurfaced as a trending term due to the shift of foreign operations from China to Mexico.

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Ivemsa

JULY 31, 2023

Though nearshoring to Mexico is not a new strategy, it is one more companies are considering for the future. It’s received greater attention in recent years because of increasing conflicts regarding trade with Asia, as well as the slowdown of supply chains during the pandemic in 2020. and other foreign operators.

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Ivemsa

APRIL 7, 2022

Nearshoring manufacturing to Mexico has its advantages over operating in China, though there are frequently asked questions that must be answered in order to help make a decision. manufacturers nearshoring to Mexico can often receive shipments within the same day they are shipped out, depending on how close facilities are to the U.S./Mexico

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Ivemsa

APRIL 7, 2022

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. manufacturers to grow as well. Here’s how: Automotive Manufacturing. million units to 3.5 million units.

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Ivemsa

SEPTEMBER 30, 2021

It makes logistical and strategic sense to see the shift of more manufacturing companies taking advantage of the benefits nearshoring to Mexico delivers. With regards to the aerospace sector, Mexico has grown from 100 manufacturing firms in 2004 to 368 by mid-2020, with an estimated 48 percent of foreign direct investment in 2019.

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Ivemsa

JANUARY 23, 2023

Thus, the three countries are creating a joint committee designed to increase self-sufficiency and promote nearshore manufacturing. The 2018 war on tariffs only became exacerbated in 2020 when supply chains in China were crippled by the global pandemic. The benefits of nearshore manufacturing have grown and strengthened over time.

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