The evolving global landscape calls for necessary changes in U.S. manufacturing and supply chain activities – namely the locations in which these activities take place.
Partnering with large economies like China once made sense; however, tariffs and other financial concerns are leading U.S. companies to explore closer alternatives like Mexico.
Shortening the supply chain is in –
Thus, the concept of nearshoring has moved its way to the forefront of the supply chain discussion.
Jonathan Egan, CEO at FabCast Solutions, breaks down the strategic advantages of nearshoring from China to Mexico and dives into its impact on key industries like automotive, aerospace, and high-tech.
He discusses the factors influencing companies to make nearshoring decisions – including customer demand – and compares the cost of operations between China and Mexico.
Interested in learning more about the benefits of nearshoring for your company or the promising potential of certain emerging regions for industrial investment?
