Supply chain interruptions require a new strategy: is nearshoring the answer?
By Redacción
July 22, 2022
Supply chains all around the world have had
an important change since the Covid-19 Pandemic spread.. Shipment tariffs have risen, increasing
up to 12 times compared to the values they had before 2020, this cause of the airports
and ports’ lockdown and, shipping
periods delays.
Experts like Hugo González, vice
president of the World Organization for Cities and Logistics Platforms,
affirms that it’s necessary to rethink
the operation of the global logistics system. Under these
circumstances, nearshoring seems to be an ideal way for doing so. That’s
why nearshoring to
Mexico is, more than ever, offering big opportunities for foreign companies.
Advantages for manufacturers and regional supply chain
Nearshoring to Mexico offers
numerous advantages compared with a manufacture process developed
in Asian countries, here is a review of some of these:
● Lower shipment periods.
● Qualified Workforce.
● Operations and Logistics in a similar
and more convenient time zone difference (3-hours maximum).
● No trade rates and low fees, guaranteed
with the USMCA free trade agreement.
● High-quality Class-A industrial
infrastructure.
● A well-developed and diversified
industrial sector.
As examples of industries that have
taken advantage of nearshoring in Mexico, we can mention the automotive industry, which has in Mexico
a manufacturing cluster in the states of Aguascalientes, San
Luis Potosi, Queretaro, Guanajuato, Puebla and Nuevo León; there’s also a high
development of aerospace industry and Tier 1 in Queretaro.
Manufacturing is also a big area of
opportunity in the northern states, such as Baja
California, Chihuahua or Nuevo Leon, where cities such as Tijuana offer a place
for operations near the US-Mexico border limit.
Mexico as
a solid nearshoring ally
Mexico has an important industrial sector,
with a high-quality workforce, ideal location and a recognized presence in the automotive,
aerospace, and medical manufacture:
● World’s 6th place in automotive
manufacturing, and 4th place in automotive parts exports.
● 6th place in aerospace components for
the United States.
● World’s 8th place in medical devices
exports.
Industrial BTS
projects can make a difference
Nearshoring to Mexico, also brings a new
challenge, that involves the upgrade of the infrastructure and construction of
Class A industrial facilities that could support any type of company needs. Therefore,
a BTS “Build-to-suit” project is a good option for foreign companies that look
for:
● Best industrial
sites in the most active markets of the country.
● High Quality Construction
Specifications.
● Security and Privacy
● Plug & Play
infrastructure.
● International Design
guidelines.
As nearshore seems to be the key of
future logistic operations, nearshoring
to Mexico could be an opportunity for US and north America manufacturers to
improve their operations and upgrade the quality of their products. Cutting
down the potential impacts of commercial tensions and the trade
war between the United States and China.
Frontier Industrial, Proven Solution for Industrial Real Estate
Market has the knowledge and experience to guide you through all this process,
providing valuable information and resources so you can take advantage of
nearshoring to Mexico.
Contact any
of our experts at frontierindustrial.mx/en