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9. The Asia Alternative, Sourcing and Manufacturing In Mexico With Jorge Arana
Manage episode 322328201 series 3264255
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With all the supply chain issues we've experienced over the past 2 years with no end in sight, many brands are looking to alternatives to manufacturing in Asia. The obvious answer for manufacturing in North America is Mexico.
Jorge Arana is an experienced Mexican businessman who has started and operated many different businesses within Mexico and the US. He takes us through different options that brands have when looking to move manufacturing or just second sourcing in Mexico. There are even industries and products that he doesn't recommend trying to manufacture in Mexico due to government regulations and tariffs.
We discuss when it makes sense to make the move to Mexico and when it doesn't. In the end, Mexico is a viable solution for manufacturing many types of products. With labor rates similar to China and shipping times of only a few days (instead of months) to the US, Mexico is becoming a larger player in the manufacturing world.
For more information on nearshoring visit https://viastara.com/solutions or to contact Jorge via email at jorgearana@viastara.com.
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