article thumbnail

China is Moving to Mexico with Jorge Gonzalez Henrichsen

The Logistics of Logistics

Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. About The Nearshore Company The Nearshore Company is a manufacturing services company that was founded in 1992. Jorge holds a B.A.

Mexico 210
article thumbnail

Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. As Resilinc blog readers know, the imperative to develop multiple supply sources arose from the unprecedented disruptions and delays of the last two and a half years. Due to strong U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

A manufacturer in China doesn’t read the specs on an order. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building. Supply chains are messy.

article thumbnail

This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement.

article thumbnail

Report That Mexico is Becoming a Preferred Nearshoring Strategy

Supply Chain Matters

Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced production supply networks in 2023. percent on a year-over-year basis to $52.9

article thumbnail

Skillfully Managing Manufacturing Reshoring Projects

GlobalTranz

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

article thumbnail

How Building Product Manufacturers Can Bounce Back in 2021

USC Consulting Group

For instance, while a number of economists anticipated real estate would likely be hard-hit, the combination of solid economic fundamentals as well as record-low interest rates have kept the industry humming. What can building product manufacturers do to bounce back in 2021? Prepare and source even further in advance.