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Implementing strategicsourcing is a way to add long-term value and continually optimize manufacturing processes. When nearshoring to Mexico, foreign manufacturers are exempt from the 16% VAT on all temporarily imported goods, materials, and equipment under the IMMEX maquiladora program.
Near-sourcing Near-sourcing, also called nearshoring, involves moving sourcing activities closer to where goods or services are sold. Strategicsourcing methods : ethical, responsible and sustainable sourcing There are many types of sourcing strategies.
As globally active companies need more and more suppliers to keep the business running smoothly, strategicsourcing and sourcing managers in Mexico face the challenge of effectively organizing and managing supplier contracts. Establish approval workflows. Develop a periodic review of contracts.
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