All businesses have inherent risk. With the world in upheaval, you might be asking yourself what’s next for your industry. Manufacturing is unique in the level of risk, as it is a global industry linked the world over through supply chains, labor markets, consumer activity, and logistics.
Manufacturing in Mexico has experienced its fair share of global risk and turmoil, as no one place is immune; however, Mexico and its manufacturing sector are poised to welcome the future; the key is knowing how to navigate the risk.
There are many ways for manufacturing companies to have a presence in the global manufacturing industry, however some are more successful than others. Whether you are looking for a foothold in the global manufacturing scene, or interested in increasing your manufacturing presence, Mexico is quickly becoming a preferred location for many reasons. Here are just a few of them:
- Proximity to North American Markets
- Ease of Travel
- Timely Delivery
- Competitive Labor
- Stringent Safety Precautions
As we move forward in the current global marketplace, a couple of the items in the list above stand out for many reasons.
Let’s take a look at the ease of travel and proximity to the North American markets. As 2020 and the current pandemic continues to rage on, the risk associated with distant manufacturing locations has taken on new meaning. Manufacturing in Mexico is one way to limit exposure and bring the ability to control the future of your global manufacturing presence. With no international flights needed and US locations to serve you, manufacturing in the border region of Mexico and the US can give your employees and customers peace of mind that your company is doing what it can to assess its risk on a global scale. Travel restrictions could be in place well into the future, so it’s more important than ever to ensure that manufacturing options will remain open to you and your customers and suppliers. Why worry about the risk associated with long haul international flights to alternative low-cost global manufacturing locations (e.g., China, India, etc. ) when Mexican manufacturing can help mitigate those risks, as well as offer a convenient and flexible option while still maintaining global competitiveness?
Navigating the safety risk in the coming years is also worth noting. Manufacturing in Mexico can offer some peace of mind in this area, as well. Mexico and the US are inextricably intertwined and because of this there is some measure of comfort. Our economies are linked closer than any other two countries. Logistically, manufacturing here can help retain both flexibility with supply and the assurance that even with the unstable global situation, you are within reach of your operations while taking advantage of the low cost labor and close physical location to your customers.
Manufacturing along the US/Mexico border does not come without inherent risk; it is important to find the right company to assist with the transition. Contract manufacturing is one way to do that. Partnering with an established contract manufacturing company in Mexico is an excellent way to gain a foothold into the benefits of manufacturing in Mexico. CaliBaja Manufacturing is a company that has been assisting its customers with navigating the risks for over 25 years. With experience in all aspects of cross border manufacturing and assembly, Calibaja Manufacturing can be your reliable source for support with navigating this endeavor. Please contact Calibaja Manufacturing for any assistance with navigating the risk of manufacturing in Mexico.
