Dan Harris from China Law Blog recently wrote: "Mexico is the New China" and Manufacturers are Moving There.
Having read it, Sofeast's CEO Renaud Anjoran and Adrian from the team discuss nearshoring, how credible an alternative to China Mexico is as a location for your manufacturing and some of Mexico's pros & cons. Renaud also gives some guidance on how importers need to assess their supply chains to decide if and where moving some of their manufacturing is beneficial.
Show Notes
00:00 - Introduction.
00:59 - Is Mexico really a credible alternative to China?
03:28 - What is happening in China (and SE Asia) that is driving US companies out to other countries like Mexico?
08:00 - Why Mexico is an obvious choice for some US importers suffering from supply chain risks in Asia.
09:13 - Is moving to Mexico something that would be more suitable for SMEs rather than MNCs?
14:14 - Could nearshoring to somewhere like Mexico be more expensive than having a supply chain in Asia?
18:39 - What benefits does Mexico have?
21:04 - Are many companies truly moving 100% of their manufacturing to Mexico, or is it more of a supplemental location?
25:19 - What are Mexico's drawbacks?
29:47 - Renaud's tips on managing the process of moving some/all manufacturing out of China.
36:14 - Wrapping up
Related content...
Get in touch with us
Subscribe to the podcast
There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please:
Could Rising COVID-19 Cases In China Before CNY '21 Affect Supply Chains?
Andy Bartlett | Good Project Management With Chinese Suppliers From A Product Designer's Perspective
Why Do Importers Need Product Reliability Testing?
How To Validate Your Supplier's Factory's Production Capacity (From Abroad)?
Manufacture in China, Vietnam, India, or Elsewhere in 2021?
Tips For Continually Getting Good Results From A New Supplier | Vetting Chinese Suppliers (Part 11)
Why The Bill Of Materials (BOM) Is A Key Document For Importers
The Impact Of Chinese New Year On Importers & Tips To Prepare For CNY 2021
3 Types Of Quality Control Plans & Why They're Needed BEFORE Production
Pricing, Negotiation, Contracts | Vetting Chinese Suppliers (Part 10)
Exploring Good Manufacturing Practices (GMP)
How To Perform In-Depth Due Diligence On Your Supplier | Vetting Chinese Suppliers (Part 9)
The Basics of Quality Management for Buyers
Factory Testing Facilities | Vetting Chinese Suppliers (Part 8)
What Is Compliance Testing And When Is It Appropriate?
Analysing the (NPI) New Product Introduction Process & its Benefits
Exploring Process Audits | Vetting Chinese Suppliers (Part 7)
How & why to create a valid China manufacturing contract
All You Should Know About Management System Standards & Auditing Them
7 Manufacturing Challenges Due To Lack Of Transparency In China & How To Mitigate Them
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money