Many North American companies looking to employ a nearshoring or reshoring strategy are studying Mexico as a location for production.Issues to be aware of when doing business with Mexico:Choose Your Markets and Locations for Production, Replace Tariff-Penalized Chinese Goods
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As the global economy faces the third year of the pandemic, manufacturers are no longer focused on figuring out when things will return to “normal.” Instead, they are applying lessons.
Automotive suppliers face many of the same issues that have bedeviled the industry throughout 2021, as well as a host of all-new challenges. The relative stability in the global supply chain that the automotive industry enjoyed for many years is unlikely to be restored.