Robots in the Automotive Industry
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Robotics has become a key player in the automotive industry, a statement that can be made thanks to the advances that robotization in the industrial sector has generated over the years. It is expected that during 2021 there will be approximately 381 million industrial robots around the world. Mexico is not far behind, as it […]
Supply Chain
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What is a supply chain? A supply chain is a set of strategic activities or processes that enable an organization to deliver a product or service to the customer or end-user effectively. Supply chain management provides a set of tools, from the production process to the point at which the product is sold. An effective […]
International Treaties in Mexico 2021
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Commercial benefits of the International Treaties in Mexico An international treaty may be defined as a written agreement between subjects of international rights and destined to produce legal effects. A treaty declares an agreement of intent that creates a commitment and should be complied with by the Rule-of-Law parties (or other subjects to international law), […]
The Metal Mechanic Industry
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The metal mechanic industry is dynamically in charge of providing tailor-made machinery, consumption goods and metal tools to the other links of the productive chain. In other words, metal mechanic is the sector that comprises industrial machinery and provides tools to other metal industries. This sector is closely related to the automobile, mechanic, industrial, and […]
Minimum wage in Mexico
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Minimum wages are interventions of the labor market that governments use as political macroeconomy instruments or as social tools. In other words, they represent the lowest wage level established with a fixed system of minimum gross wage that workers receive in virtue of a labor contract. In 2021, Mexico has had significant changes in the […]
Opportunities of Industry 4.0 in Mexico
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Throughout the years, technology has advanced exponentially knowing that it is here to stay. Nowadays, life cannot be imagined without these innovative technologies that have made our lives as simple as those offered by Industry 4.0 What is Industry 4.0? Industry 4.0 refers to intelligent manufacturing technologies with automated processes. In other words, production processes […]
Industrial sector in Mexico 2021 projections
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For as challenging as 2020 was, there is a light of prosperity for the Mexican industrial sector in 2021 projections. Industries such as automotive and manufacturing are projected to have a resurgence this year, giving hope for a greater economic growth. There is great hope for the industrial sector in Mexico in 2021 projections as […]
Why is foreign investment in Mexico skyrocketing?
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Although moving production to Asia helped companies reduce cost at first, it also proved to be a fragile system with the arrival of the pandemic. Therefore, foreign investment in Mexico has been showing great signs of expansion as companies seek to reinforce their supply chains. Mexico is becoming the strongest candidate for companies to create […]
Industrial development and manufacturing
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Thanks to several factors, there has been better industrial development and manufacturing diversity in Mexico in recent years. One of these is that it has spread towards different States of the country. This has allowed the expansion of the operating processes and has diversified the market into new regions. Private Industrial Parks help the country […]
International trade and supply chains in 2020
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It is no secret that in 2020 was quite the year for the whole world. We saw the effects of the pandemic on international trade and how it started the conversation on regional supply chains. Let’s reflect on what this year brought for the world in this market retrospective. 2020 might have been a rough […]