Future of Digital Sourcing Nearshoring

FEBRUARY 3, 2021

Related news: There’s Plenty of Room at the Table for Nearshore and H-1B Visa Holders Given the supply chain disruption, business shut-downs and economic uncertainty caused by COVID-19, it’s never been clearer — doing business closer to your own shores is coming back into vogue. Hire team members not just nearshorers.

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Everest Group

JULY 28, 2023

Which actions can sourcing teams take to achieve better cost optimization in a changing market?

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Everest Group

JULY 28, 2023

Which actions can sourcing teams take to achieve better cost optimization in a changing market?

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Intelligent Sourcing

JULY 10, 2024

Ryan Strategic Advisory has released Europe and the Nearshore: 2024, its annual report that outlines the most important BPO trends related to Central & Eastern Europe, North Africa and Central Sub-Saharan Africa.

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Nearshoring Research Advisory BPO 59

Everest Group

APRIL 5, 2023

Join this virtual roundtable as our experts and your peers discuss and explore the vision, effort, and support required for scaling R&D capabilities from offshore/nearshore delivery centers. Jimit Arora Partner Bharath M Vice President, Global Sourcing Kushagra Singh Senior Analyst, Global Sourcing

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The Scalers

APRIL 5, 2022

What are the benefits of nearshoring? Offshore vs nearshore software development: conclusion Building tech teams beyond borders — the United Kingdom and Ireland edition What will you learn? In the discussion about offshore vs nearshore, it’s safe to say that outsourcing is a different conversation altogether.

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Ivemsa

SEPTEMBER 28, 2022

Sourcing quality suppliers is essential to a production’s efficiency and overall success. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes.

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Future of Digital Sourcing Nearshoring

DECEMBER 16, 2022

In this article, Jessica unlocks the dynamic between nearshoring, offshoring, and onshoring. Another popular type of outsourcing is “nearshoring”, where businesses source staff from neighboring or nearby countries. Offshoring vs nearshoring vs onshoring: key differences. Nearshoring.

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Everest Group

OCTOBER 17, 2022

At the Clinton Global Initiative September 2022 meeting, former President Bill Clinton recognized research firm Everest Group’s pledge to grow the global impact sourcing market from its current level of 350,000 full time employees (FTEs) to half a million in three years. Read more in Nearshore Americas.

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Everest Group

OCTOBER 17, 2022

At the Clinton Global Initiative September 2022 meeting, former President Bill Clinton recognized research firm Everest Group’s pledge to grow the global impact sourcing market from its current level of 350,000 full time employees (FTEs) to half a million in three years. Read more in Nearshore Americas.

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Intelligent Sourcing

AUGUST 28, 2024

Ryan Strategic Advisory is pleased to release its latest thought-leadership report, The American Nearshore: 2024. This document was written by Sean Goforth, Research Partner to Ryan Strategic Advisory, and a leading expert on all matters related to BPO in the American nearshore.

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Groove Technology

OCTOBER 1, 2024

Different outsourcing models, such as offshore, nearshore, and onshore, cater to diverse business needs and preferences. According to Accelerance, nearshore outsourcing can save companies up to 40% on project costs compared to onshore options. Gartner reports that 71% of organizations are considering multi-sourcing strategies.

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Everest Group

MARCH 23, 2023

Rohitashwa Aggarwal , Partner, Global Sourcing, who joined a panel at the forum, discussed how the demand for tech and business services keeps expanding in the United Kingdom and other European markets. Read more on the Nearshore Americas article

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The Scalers

NOVEMBER 20, 2024

What is the difference between offshoring, outsourcing, nearshoring, and onshoring? Nearshoring consists of setting up an engineering team in a neighbouring country with minimal time zone differences. Ask them where they are sourcing talent, what technologies engineers specialise in, and their experience.

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Offshoring Software Engineering Nearshoring 81

Everest Group

NOVEMBER 29, 2022

The current outsourcing climate is showing an increase in offshoring and nearshoring, and organizations are scrambling to adjust their global location selection strategies. CPOs Sourcing Leaders Category managers Supplier management leaders Heads of indirect spend Outsourcing and IT/business process department leaders. Sakshi Garg.

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Ivemsa

FEBRUARY 19, 2025

manufacturers can save the most, which is why nearshoring continues to be an impactful part of their global strategy. However, its not only the cost of labor in Mexico that should be considered when taking into account the value of nearshoring. Labor rates in Mexico are where U.S. the cost-effectiveness remains. Semi-Skilled: $6.96

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Manufacturing Labor Costs Nearshoring Right-Sizing 52

Everest Group

MAY 16, 2022

During Q4 2021 setups of new Global Business Services (GBS) centers in offshore/nearshore locations numbered 45 as compared with 37 in Q3 2021. Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing. Download a complimentary abstract of the report here. About Everest Group.

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Future of Digital Sourcing Nearshoring

MARCH 20, 2022

Nearshoring digital transformation projects is becoming the fastest route to success for today’s businesses given the great worker resignation and the tech talent shortage, says Carlos Meléndez, COO and Co-Founder of Wovenware. He shares four key considerations to select the right nearshore partner.

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Ivemsa

APRIL 15, 2024

Successfully nearshoring in Mexico starts with establishing the best possible location for production. Additionally, with Monterrey’s history as a metal manufacturing hub, there is already a supply chain available that is an added benefit to what nearshoring to Mexico already provides. Source : [link] The post Nearshoring to Mexico?

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Nearshoring Manufacturing Labor Costs Administrative 52

Everest Group

FEBRUARY 29, 2024

In this session, we will discuss the characteristics of high-value PO engagements, digital trends, including Gen AI, and how modern sourcing teams utilize talent for success. Service providers have become important strategic partners to drive value and accelerate technology adoption.

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Ivemsa

APRIL 6, 2022

This program allows foreign manufacturers exemption from the 16% VAT tax on temporarily imported goods and materials, making it one of the key advantages incentivizing nearshoring to Mexico for foreign operators. One of the biggest advantages of nearshoring to Mexico is the highly-skilled, cost-effective workforce. Sources: [link].

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Nearshoring Manufacturing Labor Costs Engineering 52

Ivemsa

SEPTEMBER 27, 2022

China has been a central source of outsourcing, though nearshoring to Mexico has gained headway over the past few decades as a long-term strategy to help cut costs. Though nearshoring to Mexico isn’t a novel concept, it’s one many are considering for the first time. Deciding If Nearshoring Is a Fit for Your Business.

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Nearshoring Manufacturing Administrative Outsourcing 52

Ivemsa

MAY 3, 2023

Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Lower labor costs when nearshoring to Mexico Labor costs are the majority of operational expenses to account for when launching production. Read more: Nearshoring and the advantages of the IMMEX program. Contact us today.

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Nearshoring Labor Costs Manufacturing Payroll 52

Ivemsa

MARCH 28, 2022

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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Nearshoring Manufacturing Labor Costs Government 52

Everest Group

JULY 26, 2024

However, as scope increases, technology advances, and the level of partnership with the business changes, managing and governing hybrid models must evolve, ensuring that the right work is delivered by the right source in the right location, and that as conditions change, the model can flex to deliver to new business exigencies.

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Management Right-Sizing Global Business Services Government 147

Intelligent Sourcing

DECEMBER 6, 2022

This document encapsulates the soundings of country managers in 17 different offshore and nearshore delivery points. The post New Report – Offshore BPO Confidence Index 2022 appeared first on Intelligent Sourcing. The previous iteration of this report was published in early December last year.

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Everest Group

JANUARY 26, 2022

Asia-Pacific and Africa offer best source of talent for enterprises taking a long-term view; Everest Group advises companies to invest now for highest future payoff. Enterprises in North America and Europe are facing a stark reality: their onshore and nearshore labor pool has 2.4 The same is true for Nearshore Europe (e.g.,

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Ivemsa

MARCH 15, 2023

For decades, nearshoring to Mexico has been integral for automotive manufacturers. Additionally, with California’s push to have all EVs on the road by 2030, having the support of nearshore manufacturing will help to accomplish this goal. Read more: Is Nearshoring to Mexico Sustainable? With the U.S. Contact IVEMSA today.

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Nearshoring Manufacturing Administrative Engineering 52

Ivemsa

AUGUST 26, 2022

The history of nearshoring success is largely due to the close proximity between the U.S. Setting up nearshoring operations close to the U.S./Mexico In addition to the client base, though, it’s also important to consider where materials are being sourced. Consider the Client Base.

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Nearshoring Manufacturing Payroll Administrative 52

Everest Group

SEPTEMBER 14, 2023

With robust telecommunications and widespread internet connectivity, businesses can efficiently run contact center operations Impact sourcing focus: South Africa offers companies a chance to meet impact sourcing goals while remaining cost-effective.

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Service Impact Sourcing Contact Center Outsourcing Government 173

Everest Group

OCTOBER 14, 2021

As a result, nearshore locations have steadily been gaining prominence for talent sourcing. Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing. Download a complimentary abstract of the report here. About Everest Group.

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Engineering Software Cybersecurity Nearshoring 130

Ivemsa

MAY 26, 2023

Nearshoring to Mexico has become a go-to strategy for many as more companies are expanding their portfolio and setting their sights on what Mexico has to offer. As the trade shift continues, and manufacturers are relocating their facilities from China, nearshoring to Mexico is all the more instrumental in a company’s success.

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Future of Digital Sourcing Outsourcing

JULY 12, 2021

Related news: Are You Getting the Most Out of Your Nearshore Digital Transformation Partner? Because of the vulnerabilities that the pandemic has laid bare, many companies are re-thinking their sourcing strategies. Finding a nearshore partner. Tags: Nearshoring Puerto Rico software development outsourcing Reshore.

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Ivemsa

JULY 29, 2023

Meanwhile, inflation made it difficult to source new spaces that would fit their operational budget. Pricing transparency Pricing is the top priority for most manufacturing clients, which is why the cost-effectiveness of nearshoring to Mexico is so alluring.

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Nearshoring Manufacturing Government Sourcing 52

Everest Group

JANUARY 5, 2023

Examples include remote and hybrid workers, tier-2/3 locations, center setups in offshore-nearshore countries, and setup of small, satellite centers. During the webinar, Everest Group experts recommended ways organizations can address this new reality, including strategies for pricing, sourcing, ESG, and potential technology solutions.

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Everest Group

MARCH 14, 2022

A leading global IT/BPO service provider engaged Everest Group to assess the Global Business Service (GBS) market in offshore and nearshore locations (APAC, Central and Eastern Europe) and identify opportunities for business growth through GBS carve-outs, acquisitions, and high value engagements such as digital transformation.

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Future of Digital Sourcing Nearshoring

JUNE 8, 2021

Related news: Are You Getting the Most Out of Your Nearshore Digital Transformation Partner? The Nearshore Model is the Best of Both Worlds. from far-flung offshore regions, and this opens up widespread opportunities for Puerto Rico-based nearshorers, which can offer lower costs and equal quality than mainland providers.

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