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World Bank Statistics Confirm Mexico’s Attractiveness for Aerospace Manufacturing
- Alma Denisse Martinez Salazar
"The stability of the time schedule of supply has become paramount in manufacturing. Whether we like it or not, a 12-month forecast, steady-state demand is no longer a reality. Everyone is running lean supply chains and inventories. Being close to customers is key to reducing lead-time. Add to that the overall total landed cost and that explains why reshoring is occurring in Mexico," he says.
In fact, Mexico is currently helping multinational firms cope with a variety of factors stemming from intense global competition, says Arizona State University associate professor, Arnold Matlz, of the W.P. Carey School of Business. Mexico has played an important role in easing these pressures amongst the manufacturing industry by allowing companies to reduce and control operating costs, offering an increased operational flexibility, and accommodating shorter product/service development cycles, among other things.
Source: Mexico Today