Ep. 18 - The Rise Of Nearshoring

In this episode of the Supply Chaney podcast, we speak with Javier Zarazua, AKA Mr. Nearshoring. We discuss the evolution of nearshoring, its impact on the supply chain, and the unique advantages Mexico offers for manufacturing. Javier shares his personal journey from technology to supply chain management, the strategies he employs to help companies move production to Mexico, and the broader economic implications of this trend. The conversation also touches on the future of manufacturing in Mexico, advice for aspiring business leaders, and the importance of understanding local dynamics in international trade.

Key Takeaways:

• Demand planning is a critical area in supply chain management.
• Educating customers about the Mexican business landscape is essential for successful nearshoring.
• Nearshoring has gained traction due to global supply chain disruptions, especially during COVID-19.
• Mexico has the potential to become the fifth-largest economy through nearshoring.
• The workforce in Mexico is younger and more willing to work in manufacturing compared to the U.S.
• There is a significant informal job market in Mexico that can be tapped into for manufacturing jobs with benefits.

Chapters:

00:00 Introduction to Nearshoring

05:21 Javier's Journey From Technology to Supply Chain

11:00 Transitioning to Supply Chain Management

15:33 Strategies for Moving Production to Mexico

22:44 The Rise of Nearshoring: Trends and Observations

29:33 Impact of Nearshoring on Mexico's Economy

33:19 Future of Manufacturing in Mexico

38:01 Advice for Future Business Leaders

40:42 Closing Thoughts and Engagement Opportunities