Top advantages of Mexico as a nearshoring destination

Ago 1, 2023 | Nearshoring | 0 Comentarios

In recent years, Mexico has emerged as a preferred nearshoring destination for companies seeking to optimize their operations by nearshoring

If you’re considering Mexico nearshoring, here are some compelling reasons why it could be the right choice for your business. Let’s see it! 

 

Why do companies choose Mexico nearshoring?

The rise of nearshoring in Mexico has been steadily increasing over the past decade for several reasons. 

Companies are nearshore outsourcing to Mexico due to the combination of factors such as trade uncertainties, supply chain resilience, favorable trade agreements, among others. 

By leveraging these nearshore opportunities, companies can achieve greater efficiency, cost savings, and competitive advantages. 

Looking for business opportunities in Mexico by nearshore solutions is a strategic decision that positions companies for long-term success and growth.

Don’t look any further, acquire your nearshore development services here!

 

Top advantages of nearshoring in Mexico

If you’re looking for nearshore opportunities for your business, these are the main advantages that will make you look for nearshore outsourcing services in Mexico. 

 

1- Proximity and efficient logistics

Mexico’s geographical location provides a significant advantage for nearshore outsourcing companies based in the United States and Canada.

With shorter travel distances, freight can be moved from Mexico to the U.S. by ocean in just 48 hours, and by highway in 24 hours or less. 

This nearshoring benefit is in stark contrast to the extended shipping times associated with sourcing from Asia.

 

2- Time zone alignment

Nearshore outsourcing in Mexico enables companies to maintain better coordination and communication with their teams. 

The alignment of time zones allows for faster and more efficient collaboration, eliminating the need for late-night or early-morning meetings. 

This facilitates smoother operations and quicker decision-making in nearshore opportunities

 

3- Cost savings

One of the most appealing benefits of nearshoring solutions in Mexico is the cost savings it offers. 

Labor costs in Mexico are significantly lower compared to the United States, making it an attractive option for companies looking to nearshore outsourcing services.

Additionally, shipping costs are reduced due to the proximity of goods to their final destination, resulting in overall cost optimization.

 

4- Favorable trade conditions

The implementation of the United States-Mexico-Canada Agreement (USMCA) has created a highly advantageous nearshore opportunities environment. 

This agreement modernizes and strengthens trade relations between the three countries, encouraging freer markets, fair trade, and robust economic growth. 

The USMCA also provides labor and environmental protections, innovative rules of origin, and intellectual property and digital trade provisions that benefit nearshore development services.

 

5- Developed industrial operations

Mexico has established itself as a global leader in various manufacturing sectors. 

With a strong presence in industries such as automotive, aerospace, and medical devices, it offers a thriving ecosystem for businesses seeking to nearshore opportunities.

Business opportunities in Mexico provide a solid foundation for success.

 

6- Tax incentives and production support

Mexico nearshoring offers attractive incentives and programs to support manufacturers. 

These incentives can include tax benefits, allowing companies to import raw materials and components without income tax or compensation fees.

Such initiatives contribute to a more favorable nearshoring environment and encourage business growth.

 

Grupo Zeu: leader in nearshore solutions

Our purpose is to sow success and economic well-being in companies of all sizes!

With GRUPO ZEU by your side, you will have access to a robust, competitive, and attractive business ecosystem in Mexico!  

Our team of experts will guide you through every step of the nearshoring process, offering nearshore development services like: Quality Control, 3PL Management, Legal Accomplishment, EHS, Payroll, among others. 

Contact us to know more information! 

And you can find us on LinkedIn, Facebook and Instagram, where you will find more information about us and nearshoring trends.  

0 comentarios

Enviar un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *