24 Sep How to design a successful smartshoring strategy?

Smartshoring emerges as an evolution of models such as offshoring and nearshoring, combining the best of each to transfer logistics, administrative, and business processes to countries with optimal conditions. It’s not just about reducing costs, but also about leveraging advantages in technology, connectivity, and innovation. The key is understanding that not all processes should be located in the same place or with the same suppliers.
Designing an effective strategy begins with defining objectives: cost reduction, improved customer service, access to innovation, or scalability. Companies must then analyze their internal functions and classify operations according to their complexity, data sensitivity, and need for collaboration.
Mexico and Latin America: Fertile Ground for Smartshoring
Mexico has established itself as one of the most attractive destinations thanks to its proximity to the United States, the USMCA, and a growing digital infrastructure. Its economy, driven largely by professional services, transportation, and trade, reinforces this appeal. Furthermore, the Latin American region offers advantages in agility, speed to market, reduction of geopolitical risks, and lower costs. In this scenario, Mexico leads the way as a key market to capitalize on these opportunities and attract foreign investment.
BBVA México: Strategic Partner in the Transition
Implementing smartshoring requires more than just location; it demands partners who accompany companies at every stage. BBVA México has positioned itself as a strategic partner by offering financial solutions ranging from account opening and treasury management to foreign exchange hedging, supply chain financing, and tools for foreign trade.
With its Smartshoring Welcome Kit, the bank centralizes payment, transfer, payroll, and FX services, driving agility from the start of operations. It also integrates sustainable solutions, such as green financing and ESG consulting, in line with the new demands of the global market.
Smartshoring: Smart Growth
Smartshoring is more than a relocation strategy; it represents a modern response to the global economic reconfiguration. Mexico is positioning itself as a strategic player thanks to its talent, infrastructure, and geopolitical context. In this dynamic, growth no longer means simply expanding operations, but doing so with intelligence and a vision for the future.

Source:

https://es-us.noticias.yahoo.com/trump-murdoch-seguramente-estar%C3%A1n-directiva-190344346.html