manufacturing hub

Why did US companies choose Mexico as their manufacturing hub?

Why did US companies choose Mexico as their manufacturing hub?

Because of intense competition from overseas rivals, several US manufacturers have offshored part or complete production operations. When adopted in the right way, it lowers costs without poorly affecting quality, inventory, or flexibility. However, if done with inefficient research, it could take a toll on your product quality, delivery, or logistics, without giving the desired returns. For several countries, offshoring means Asia. Though the labor costs may look attractive initially, with a closer investigation, you see a totally different picture. After considering productivity, salary, and logistics, Mexico ranked ahead. This is the reason why US companies manufacturing Mexico now. Business-friendly Because of…
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