WHERE TO LOCATE IT?
WHERE IN THE WORLD?
*ABOUT US: US-based Entrada Group partners with international manufacturers seeking to enhance their competitiveness in the global market by swiftly and easily establishing a cost-competitive production facility in Mexico to serve North and South American, as well as European, markets.
PROXIMITY IS APPEALING
FINDING #1
WHERE IN THE WORLD?
What locations did survey participants find most!attractive for low cost manufacturing?!
QUESTION:!
MANUFACTURERS LIKE THE US
#1!
WITH MEXICO RANKING HIGH
#2!
While the US is the most attractive low-cost manufacturing location, among respondents from companies that
already manufacture in two or more locations, Mexico and the US tied, each
with 23 percent of the response.
OTHER NOTABLE DESTINATIONS
US AND MEXICO !RATED AHEAD OF CHINA, OTHERS !
MEXICO VS. CHINA
WITH LABOR COSTS RISING IN THE FAR EAST, IT IS NOT SURPRISING THAT COMPANIES ARE CONSIDERING PRODUCTION IN THEIR OWN BACKYARD.
Doug Donahue Entrada Group
EXPERIENCE
FINDING #2
WHAT MANUFACTURERS TELL US
QUESTION:!
WHAT MANUFACTURERS TELLS US
67% OF RESPONDENTS !PLAN ON OPENING A FACILITY IN!A COST-EFFECTIVE LOCATION(S) !!
WHERE IN THE WORLD?
Survey participants reveal sharply different sentiments when grouped by one key criterion: whether they manufacture products in a single location or multiple locations.!!
HOW EXPERIENCE MATTERS!
Companies that currently manufacture at two or more locations revealed a greater appetite for future expansion to a low cost location, compared to firms producing solely at their headquarters.
EXPERIENCE = CONFIDENCE
ENTRADA INSIGHT
Engage a provider with knowledge of the local market to help reduce the fear of the unknown,
no matter what country is being evaluated. !
DOES YOUR COMPANY LACK !SITE SELECTION EXPERIENCE?!
QUALITY AND BOTTOM LINE
BOTH COUNT
FINDING #3
WHERE IN THE WORLD?
What were the top three factors respondents!said they consider when thinking about their!
companys manufacturing locations?! !
QUESTION:!
FACTORS RANKED
While respondents overall rank high-quality production as the most important factor when choosing a manufacturing destination, low operating costs was tops among companies when reflecting on motivation for past expansion, by more than two-to-one over high-quality production.
Doug Donahue Entrada Group
Transitioning to Mexican production can be costly, risky and overwhelming unless you have the expertise to manage the setup and ongoing operation of a production facility in Mexico. Small- and midsized manufacturers, in particular, lack the resources and know-how to make such a shift.
Entrada Group can help
TO LEARN MORESign up here for our upcoming webinar on Mexican manufacturing.