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Auto Industry Concerns in Sourcing Moves Within Mexico

Supply Chain Matters

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The report notes that electric vehicles assembled in Mexico can qualify for U.S. This facility was reportedly aimed to produce the termed Tesla next-generation EV vehicle.

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Report That Mexico is Becoming a Preferred Nearshoring Strategy

Supply Chain Matters

The Supply Chain Matters blog highlights a published report indicating that Mexico is increasingly benefiting from a rethink of prior globally extended supply networks. The report cites data indicating that total Mexican exports in May rose by 5.8 percent on a year-over-year basis to $52.9 and Canada. All rights reserved.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Auto Manufacturers Nearshore to Mexico to Shorten Supply Chain

RFgen

Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities. Ford is a U.S.

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Auto Manufacturers Nearshore to Mexico to Shorten Supply Chain

RFgen

Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities. Ford is a U.S.

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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. In late May we noted for readers that the German economy and manufacturing sector slid into a recognized state of economic recession.

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The Benefits of Onshore Supply Chains

ivalua

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.