Nearshoring to Mexico: a new reality
Nearshoring to Mexico: a new reality By: Maria Ines Salazar “Nearshoring to Mexico is a reality today, that generates employment, economic development, social mobility and well-being for Mexicans. The degree of success will be determined by our ability to generate with great agility the conditions that allow us to take advantage of it to […]
5 Benefits of Having an Institutional Relations Strategy in your Company
5 Benefits of Having an Institutional Relations Strategy in your Company Institutional Relations manage how an organization interacts with the government and its legislative and regulatory branches, as well as institutions such as chambers, trade associations, and think tanks. Having an Institutional Relations strategy allows the company to have a plan of action that helps […]
USMCA: Automotive Rules of Origin
USMCA: Automotive Rules of Origin Today, the USMCA panel ruling was published regarding the interpretation of the rules of origin in the automotive sector in the Agreement. Mexico and Canada believe that the U.S. is misinterpreting the rule of origin regarding the calculation of regional value content (RVC) for essential parts in the production of […]
Trends in nearshoring driving new manufacturing solutions in North America
Trends in nearshoring driving new manufacturing solutions in North America Nearshoring in North America The pandemic drove unprecedented change in global organizations, placing more attention on where they do business. The pace of business increased tenfold with digital adoption. A new definition of an ‘optimal’ talent mix was created with new, emerging […]
VERTIV INAUGURATES ITS FIRST PLANT IN MONTERREY, NUEVO LEON
VERTIV INAUGURATES ITS FIRST PLANT IN MONTERREY, NUEVO LEON THE AMERICAN COMPANY CHOOSES MONTERREY AS ITS SITE FOR THE MANUFACTURE OF DATA WAREHOUSE TECHNOLOGY. Vertiv, offers IT Infrastructure Support Since 1965, with 750,000+ Customer Sites Connected, and is a Trusted Service Provider for +70% of Fortune 500 Companies worldwide. The U.S.-based company from Columbus, […]
Benefits of Diversifying your Supply Chain Strategy
Benefits of Diversifying your Supply Chain Strategy A supply chain is driven by an on-demand-driven formula; the consumer dictates when and how they purchase a good(s). Imagine what would happen if suddenly everybody changed 50% of their habits and/or consumption patterns! You can stop imagining; this is what happened during the pandemic. Companies had to […]
USMCA and Gender Equity
USMCA and Gender Equity By Monica Lugo, Institutional Relations Director International Women’s Day was commemorated last month. Around this month, several reflections on gender equity were released. Many refer to the widening gender gap and increasing poverty among women. While this gender gap was evident in 2019, COVID deepened further inequality between men and women. […]
How does infrastructure in Mexico impact manufacturing operations?
How does infrastructure in Mexico impact manufacturing operations? With recent announcements to invest in infrastructure in Mexico, manufacturers can look forward to improvements in the systems that support their production. Transport: Mexico is well connected through a national network of highways, with special focus on roads to export routes to the U.S. There […]
Under what structure do manufacturing companies operate in Mexico?
Manufacturing Operations in Mexico: Under what structure do manufacturing companies operate in Mexico? Depending on your specific circumstances and business case, there are multiple options to operate in Mexico. You can partner with someone for manufacturing or shelter operations or you can start your own dedicated entity for production. Partnerships, including Prodensa´s […]
Overcoming the Talent Shortage
Overcoming the Talent Shortage Whether an employer or a consumer, everyone has been affected by the talent shortage. Across all industries, employers are reporting a shortage in employees’ access and an increasingly higher turnover rate. This has caused an increase in the cost to hire and retain talent and continual disruptions to business as […]