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Nearshoring and Geopolitical Tensions Boost Manufacturing in Mexico

Mexico is emerging as a key hub for the global relocation of production, driven by the nearshoring trend and ongoing geopolitical tensions.

T21 Media by T21 Media
9 August, 2024
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The growing geopolitical tension between China and the United States is leading many companies to reconfigure their supply chains , opting for nearshoring in Mexico as a key strategy to ensure the continuity and efficiency of their production, Ernesto Chacón, general manager of T21, told T21. Fictiv Mexico .

Mexico’s manufacturing capacity , along with its proximity to the United States , places it as a key destination for attracting investments and industrial projects. In this context, Fictiv , a company with more than 10 years in the development of prototypes and manufacturing of mechanical products, decided to expand its presence in Mexico as part of its strategy to strengthen its global manufacturing network.

“The need for growth is aligned with a Mexico that has a lot of knowledge and many bases to operate as we do in other parts of the world,” said Ernesto Chacón.

Ernesto Chacón, general manager of Fictiv México.

In that sense, the company established a “center of operational excellence” in Monterrey , Nuevo León, and expanded its presence in Tijuana, focusing on key processes such as machining, plastic injection and metal working.

These centers will take advantage of the industrial clusters that exist in Mexico , with the aim of managing the supply chain for global clients such as Tesla , Apple and General Motors .

According to Chacón, the company’s digital platform allows its clients to obtain quotes for mechanical parts in less than 10 minutes , which considerably speeds up development times.

“Our competitive advantage lies in the speed and precision of our supply chain, and that is something our customers value greatly,” Chacón commented.

For the general manager of Fictiv, the growing demand for nearshoring by global corporations forces companies to offer fast and efficient solutions in an increasingly competitive manufacturing environment.

“Mexico is prepared to be a main player in this new era of global manufacturing,” said Chacón.

He indicated that speed has become a determining factor for nearshoring in Mexico . Reducing manufacturing times is key for many companies seeking to optimize their operations.

“Instead of the 16 to 22 weeks that mold manufacturing can take in other markets, in Mexico this process can be reduced to only eight to 12 weeks in our company,” said Chacón.

This represents a significant advantage for companies seeking to improve their response times in an increasingly demanding global environment.

It is important to mention that Grupo T21 will organize the Transportation and Logistics Meeting (ETYL) on October 9 and 10 in Monterrey, Nuevo León. The event will focus on the topic Maximizing logistics opportunities with nearshoring and will feature the participation of prominent leaders of this industrial trend in Mexico. 

Comment and follow us on X:@karinaquintero / @GrupoT21

Tags: AppleFICTIVGeneral MotorsMANUFACTURENearshoringTesla

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