Is the decades-old promise on nearshoring finally coming to fruition? The latest import data to the U.S. has shown an impressive spike from several countries south of the border, offering skilled labor, contiguous overland freight routes, speed-to-market advantages and tariff savings. But are the benefits all they’re cracked up to be? Do you know how to separate the myth from the reality?
From Central to South America, each country offers unique propositions to brands and retailers. This event will point out the hot spots and opportunities while also examining the challenges and benefits—both legal and logistic—of sourcing close to home. Nearshoring needn’t to be an all-or-nothing proposition, but it can add diversification, agility and visibility for compliance and other issues.
Watch this webinar to learn:
- How to build a hybrid model that balances nearshoring with ongoing overseas production.
- Manufacturing cost comparisons
- The latest government initiatives and their impacts
- The true cost analysis of swapping less expensive overseas labor for production closer to home
