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The Mexico Manufacturing Advantage
Mexico offers a myriad of advantages for re-nearshoring manufacturing. The most obvious of such benefits are its 2,000-mile shared border with the United States, and the newly implemented US-Mexico-Canada Trade Agreement. A low-cost labor country, Mexico offers strategic advantages in a plethora of industries seeking alternatives to Asian manufacturing. As relations between China and the
Read More Mexican Vertical Supply Chain Integration
Mexican supply chains require additional efforts to be integrated when compared to those in other countries and regions. Most Mexican contract manufacturers are very good at producing one product category, commodity, or servicing one industry. Procurement of raw materials and components for new projects is often a challenge for many of these contract manufacturers, despite
Read More Mexico vs. China
Firms and consumers across the globe have enjoyed the fruits of cheap Chinese raw material, labor, components and finished goods in their warehouses, store shelves and homes for over two decades. For most firms, the experience of manufacturing in China has been rather turnkey prior to the implementation of the United States’ 301 tariffs in
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