Ivemsa

FEBRUARY 19, 2025

Labor rates in Mexico are where U.S. manufacturers can save the most, which is why nearshoring continues to be an impactful part of their global strategy. Though labor rates have slightly increased over time, compared to the U.S., the cost-effectiveness remains. Semi-Skilled: $6.96 Skilled: $8.22 Line Leader: $9.65

Manufacturing 52

Manufacturing Labor Costs Nearshoring Right-Sizing 52

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. This model strikes a balance between cost savings and ease of communication.

Software 130

Software Outsourcing Offshoring Nearshoring 130

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