I hav extensive experience setting up and running Nearshore operations which bring many benefits to the enterprise.
Cost Advantages
Rates comparable to other offshore locations like India or Western Europe. Lower communication & infrastructure costs. Lower Indirect Costs than offshore.
Time Zone
Full business day overlap without resorting to second or third shift operation. Time zone proximity means that teams can work in real-time during standard business hours. Interaction among team members located on-site, off-site and Near Shore is smoother. Communications are more effective. Speed and efficiency of team efforts are improved. Reduced attrition due to issues with working times (time zone offsets).
Geographic Proximity
Geographic proximity means that you can better leverage Nearshore capabilities. Shorter and less expensive travel means that fewer resources are required on-site. Required travel is less stressful and does not require “time zone adjustment” periods. Eliminates costs typically associated with overhead normally used to minimize the impacts of distance and time-zone differences.
Cultural Affinity
Similar business culture (Business communications, TV, sports, restaurant chains, etc.) Communications are easier.
USMCA
Agreement between the United States of America, the United Mexican States, and Canada. Intellectual property protection. More visa types facilitates interactions (TN, L, H1)