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Feb 1, 2024 · With 2024 in full swing, technology-driven MRO optimization becomes a key factor for companies moving towards nearshoring.
Mar 6, 2024 · Reducing U.S. dependence on China while setting the stage for the nearshoring boom that has allowed Mexico’s post-COVID recovery. Introducing a chapter on digital trade, which was non-existent ...
3 days ago · Embracing Nearshoring for Strategic Growth. In a world where geopolitical, economic and environmental factors remain in constant flux, nearshoring is more than a trend—it’s a recalibration of the strategy for global manufacturing competitiveness. By moving production closer to home, companies can gain stability, responsiveness and cost savings.
Recently, nearshoring has emerged as a key trend in the global business landscape, offering companies an array of advantages in optimizing operations, mitigating risks, and boosting efficiency. Let's discuss some reasons why nearshoring is crucial, efficient, and will continue to grow in popularity.
Jul 8, 2024 · The Latin American and the Caribbean (LAC) region stands at the forefront of this reevaluation, where the growth trajectory of Gross Domestic Product (GDP) is expected to shift slightly from an estimated 2.3% in 2023 to around 2% in 2024 (Figure 1), with a subsequent uptick projected to 2.5% in 2025, according to the latest International ...
Nearshoring accounts for 15% of all European brands and retailers' purchases as of Q1 2024, showing steady growth. US interest in nearshoring is high, but actual implementation lags, with only modest growth in Q1 demand for audits and inspections in Latin and South America.
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Mar 6, 2024 · The USMCA, along with nearshoring, have significantly influenced North America’s trade and investment dynamics, which have been particularly key for Mexico’s growth, industrial evolution, and...
