Does Your Supply Chain Include Mexico?
By Splatty • Nov 17th, 2006 • Category: Supply Chain Management
With all of the attention that China has received over the past few years and their status as the “factory to the world”; Mexico tends to get overlooked in terms of their manufacturing capabilities.
In an article from Purchasing.com, Al Brown, President of SupplyMex suggests that Mexico should definitely be considered as a viable location for outsourced manufacturing. This holds especially true for companies in the United States.
Mexico offers a strategic competitive advantage over other Low Cost Countries in the world. It shares a 2,000 mile border with the U.S., offers a highly developed logistics infrastructure that facilitates global trade, has 12 free trade agreements with 42 countries, a stable currency and economy, a healthy climate for investment and a strong competitive labor force. These factors make Mexico a logical choice for sourcing and OEM outsourcing supply chain strategies.
A few of the items he mentions as pros for sourcing in Mexico are as follows:
1. Logistics Infrastructure
2. Free Trade Agreements
3. Global Production and Quality Standards
4. Stable Economic and Political Environment
5. Skilled Workforce
The article which brings up many excellent points, can be read in its entirety here.
source - purchasing.com and Supplymex
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