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Are Labor Rates in Mexico Still Competitive for Manufacturers?

Ivemsa

manufacturers can save the most, which is why nearshoring continues to be an impactful part of their global strategy. manufacturers requiring non-skilled workers for an industry like textiles or basic assemblies may find it less expensive to outsource production to China or try to fulfill the roles at home in America.

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Tracking the Momentum of Manufacturing in Mexico Over the Past 12 Months

Ivemsa

As the last months of the year rapidly approach and manufacturers set their sights on 2025, it’s a good time to reflect on how industry dynamics have shifted over the past 12 months. Though the industry is constantly in a state of flux, manufacturing in Mexico remains the best option for those with a U.S.

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Nearshore Software Development: What You Need to Know

Bydrec

It is popularly used in Western countries, especially for manufacturing. In order to solve this problem, “nearshore” outsourcing was created as a more sustainable software development model that would ensure better quality and cost control. However, it has its limitations when applied to software development.

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Amplify Your Competitive Edge with Onshoring, Offshoring, Nearshoring, Smartshoring, or Outsourcing

SEBPO

BLOG Amplify Your Competitive Edge with Onshoring, Offshoring, Nearshoring, Smartshoring, or Outsourcing July 17, 2024 Onshoring | Offshoring | Nearshoring | Smartshoring | Outsourcing Companies want every advantage possible to surpass their competition, prompting them to explore alternative business strategies that bolster year-over-year growth.

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5 Reasons Companies Are Nearshore Manufacturing to Mexico

Ivemsa

The manufacturing industry is ever-evolving, and there’s been a particular shift that’s picked up steam over the past several years. They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. 1: Talent Level and Employee Availability.

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Customizing Nearshore Manufacturing to Meet Company-Specific Needs

Ivemsa

Nearshoring to Mexico has become the go-to strategy for U.S. manufacturers looking for cost-effective, high-quality operating solutions. While nearshoring manufacturing is advantageous to all sectors , most companies require customization to ensure the solution fits both their short- and long-term needs.

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Long-Term vs. Short-Term Benefits of Nearshoring Manufacturing to Mexico

Ivemsa

Nearshore manufacturing in Mexico has been a popular way for businesses to expand internationally. It’s rare for foreign manufacturers to return and try again if their initial production attempt fails. It’s rare for foreign manufacturers to return and try again if their initial production attempt fails.