Ivemsa

FEBRUARY 19, 2025

The current hourly breakdown of Mexico labor costs for main production roles is: Non-Skilled: $6.29 Based on this spectrum of savings, companies focused on making technical products , such as those in the medical device sector, aerospace , plastic components, metal fabrication, and electronics , benefit the most. Skilled: $8.22

Manufacturing 52

Manufacturing Labor Costs Nearshoring Right-Sizing 52

Groove Technology

NOVEMBER 15, 2024

Advantages of In-House Software Development Choosing in-house development can bring many benefits, especially for companies focused on long-term projects with a need for close oversight and alignment with company goals. Understanding the complete cost structure of an outsourcing contract is essential.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Groove Technology

SEPTEMBER 26, 2024

Costs One of the primary drivers for outsourcing is cost savings. A study by Accelerance found that companies can save up to 40-70% on development costs by outsourcing to countries with lower labor costs. Access to Talent Outsourcing provides access to a vast pool of specialized talent.

Software 130

Software Outsourcing Offshoring Nearshoring 130

IBM Services

DECEMBER 20, 2023

Focused cost leadership strategy example: Dollar General Where Walmart’s cost leadership strategy relied on becoming ubiquitous and operating at massive scales, the discount chain Dollar General has captured price-conscious consumers in more specific markets.

E-Commerce 75

E-Commerce Retail Co-Sourcing Labor Costs 75

Zinnov

MARCH 27, 2024

Companies risk falling behind without bringing in diverse perspectives. Companies focusing only on local markets often adopt a single cultural viewpoint, leading to blindspots and groupthink. By placing centers in strategic talent hubs abroad, companies can significantly reduce labor costs without sacrificing quality.

Offshoring 52

Offshoring Healthcare Labor Costs Outsourcing 52

Intugo

APRIL 25, 2023

A shared service center in Mexico enables operations within companies to be more efficient, reduce costs, and improve the quality and control of activities. When a company implements the shared service center model, it has to do it in a low-cost location to achieve the most significant benefit.

Shared Services 40

Shared Services Service Labor Costs Human Resources 40

Magellan Solutions

MAY 28, 2019

A third-party provider’s cost structure and economy of scale can provide leverage to drive more success for your company. Reduce labor costs. And sometimes, temporary employees don’t always live up to your company’s expectations.

Outsourcing 75

Outsourcing Call Center BPO Business Process Outsourcing 75