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Five Facts You Should Know About Manufacturing A Wire Harness in Mexico
Just about every business understands that sometimes manufacturing costs can make it hard to remain in the black. While this may seem like a disadvantage for customers, finding an alternative to manufacturing a product can actually mean great savings, and this is certainly the case with the wire harness Mexico can provide.
One of the first steps in finding savings in the manufacturing process is looking overseas. There is certainly a longstanding tradition of manufacturing processes going abroad to countries in Europe and Asia. While these have certainly been advantageous in the past, there are still some holes. Herein lies the beauty of establishing a manufacturing facility in Mexico.
Located south of the United States, Mexico has made quite an impact in the manufacturing world. They’re only second to Canada (our northern neighbor) in energy trade with the U.S., have established regional distinctions within the country based on product manufacturing over the last two decades, and unlike other Latin American countries, Mexico has seen a large rise in their manufacturing sector since 1980.
Manufacturers stateside have benefited from having Mexico as a partner because it has allowed them to expand their geographic reach to customers in need of products. The proximity has been pivotal in allaying customer concerns regarding budget or production dates.
If you’re looking to find out what it might mean to manufacture wire harnesses in Mexico, here are a few things to keep in mind:
Preservation of Intellectual Property — One of the biggest issues with manufacturing elsewhere in the world is the inability to maintain intellectual property. Mexico has shown itself to be an ideal location to help maintain proprietary information for manufacturers.
Proximity to Large Markets — Not only is the United States close, but you also have the whole of Latin America at your fingertips. This proximity equals savings purely in shipping & delivery.
Skilled and Competent Labor Force Available — Contrary to most reports, Mexico has shown itself to have one of the best workforces available in the manufacturing world.
Lower Operating Costs — Herein lies the primary reason for manufacturers looking elsewhere for making their products. This savings becomes the foundation for reinvestment in the company.
Can Handle All Specifications — Even though manufacturing in Mexico is not domestic, the same specifications you maintain stateside can be maintained south of the border, which can help bring peace of mind to current and prospective customers.
Manufacturing wire harnesses in Mexico is a step in the right direction for companies looking to save money in the manufacturing process as a whole while still maintaining all of their rigid standards. With a solid, available workforce, major market proximity, and savings by way of lower operating costs, manufacturers owe it to themselves and their customers to see what manufacturing in Mexico may offer.
Contact LoDan Electronics, Inc. today for more information on manufacturing a wire harness in Mexico.