In recent years, companies have adopted outsourcing strategies in order to gain a competitive position in a globalised environment. Outsourcing provides companies with numerous benefits, such as the reduction of fixed costs and the possibility to focus on their core business by outsourcing secondary activities.
Different outsourcing models
Technological advances in the last decade have allowed companies to outsource their services to providers located within or outside their borders: nearshoring or, alternatively, onshoring.
Nearshoring refers to the industrial strategy of relocating factories and production to other countries in close geographical proximity. This practice will experience a significant increase across Latin America during 2024, with Mexico as one of the main beneficiaries. This is due to the disruption of the Chinese market with the US market and the potential benefits of the Mexico, United States and Canada Agreement (T-MEC). Nearshoring offers significant advantages as geographic proximity facilitates communication, reduces response times and favours greater cultural alignment between the parties involved.
On the other hand, onshoring involves the relocation of business activity within the same country where the contracting company is located. Although it can be more expensive compared to nearshoring, nearshoring offers benefits such as physical proximity, the ease of coordinating activities and the ability to maintain greater control over the quality and safety of the outsourced services.
Logistical implications
Both strategies have a significant impact on a company’s logistics. The reconfiguration of the supply chain implies the need to evaluate and adjust distribution networks, transport systems and inventory management.
In this context, Stock Logistic stands out as an international freight forwarder and logistics operator offering a wide range of services, including sea, air, land, warehousing and customs services. The company, which is part of Alonso Group holding company, is committed to providing efficient and effective performance to the highest standards. Its presence and approach spans diverse international markets, including Asia and Latin America, establishing itself as a strategic enabler for companies and industries seeking to optimise their logistics operations in these regions.