by IBC Pro | Sep 8, 2023 | Blog
As the cost of doing business in China continues to rise, companies are seeking viable alternatives for manufacturing their goods. Mexico has emerged as an increasingly attractive option, especially for businesses near the U.S. border. According to PwC, nearshoring to...
by Evelin | Aug 18, 2023 | Blog
Mexico is recognized as the second-largest economy in Latin America. It is an emerging market due to the stable and sustainable economic policies of the Mexican government. Mexico has one of the most liberal trade policies in the world, achieved through a greater...
by Evelin | Jul 17, 2023 | Blog
WHAT IS RESHORING IN MANUFACTURING? Discover the benefits of reshoring manufacturing in Mexico vs China and how it can optimize your supply chain. Learn more at ibconnections.com. The definition of reshoring is the process of bringing back manufacturing from overseas...
by Evelin | Jul 5, 2023 | Blog
Produced annually by the Council of Supply Chain Management Professionals (CSCMP), the 2023 Logistics Report indicates that supply chains have adapted to drive resilience after two years of global volatility in this 34th annual publication. This report is a...
by Evelin | Jun 26, 2023 | Blog
Tijuana, situated on the US/Mexican border along the Pacific Rim, is a stone’s throw away from San Diego, California. Tijuana’s manufacturing plants, known as maquiladoras, play a vital role in exporting $293 billion worth of goods back to the US annually....
by Evelin | Jun 5, 2023 | Blog
In today’s highly competitive global market, electronics companies are constantly seeking ways to optimize their operations, reduce costs, and enhance efficiency. One strategy that has gained significant momentum in recent years is electronics contract...
by Evelin | May 29, 2023 | Blog
Contract manufacturing in Mexico is a business model where a company outsources the production of its goods to a manufacturer in Mexico. The manufacturer, known as the contract manufacturer, is responsible for designing, producing, and delivering the goods to the...
by Evelin | May 25, 2023 | Blog
Companies with a maquiladora who operate under the IMMEX program can defer Mexico import/export duties on temporarily imported goods and services as well as on imported machinery. On the backend companies are also allowed to consolidate import declarations reducing...
by Evelin | May 10, 2023 | Blog
Working with a Mexico shelter company, also known as a maquiladora, can provide several benefits for companies looking to manufacture products in Mexico. Some of these benefits include: Lower labor costs: Mexico has lower labor costs compared to many other countries,...
by Evelin | May 1, 2023 | Blog
Mexico has become one of the best countries for North American companies to expand or move their manufacturing operations. Due to the country’s offered advantages like low cost skilled labor, reduced operational costs, network of free trade agreements and more, the...
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