Andrew Hubert, a supply chain consultant and professor at Holt University, recently moved to Mexico and suggests it as a suitable location for production and supply chain diversification. Mexico’s favorable regulatory environment with the U.S., physical border, and educated workforce make it attractive for small and medium-sized enterprises seeking cost-effective production.
Why this is important
Companies seeking to diversify their supply chain can benefit from Mexico’s proximity to the U.S. and suitable production base.
Andrew Hubert’s expertise lies in cross-cultural negotiation and training purchasing teams.
The challenges companies may face when moving their supply chain to Mexico include sourcing and supply chain complexities.
Compliance and logistics costs have increased, making it more difficult to manage cross-border business.
