When you're considering nearshoring there are a lot of questions that might be on your mind.
We've compiled the most common ones and answered them below.
“Nearshoring is a strategy that allows companies to leverage their existing resources and capabilities, while reducing costs and improving the quality of the product or service they offer. It's an important part of a company's overall supply chain strategy.”
“Working with local teams allows you to build relationships with those people and understand their cultural norms better, making it easier for them to communicate effectively with other employees at your company.”
“There are many benefits to nearshoring, such as reduced costs, increased control over your workforce and improved customer service. Some companies also choose to nearshore because they want to keep their employees close by or even bring them back from overseas once the project is complete.”
“Nearshoring usually starts with a simple request for proposal (RFP) from your company's leadership team. This document outlines all of the requirements for each potential partner and gives them an opportunity to submit bids for the project. After reviewing proposals, you can then select which partner best meets your needs and award them the project!”
“The best way to find out if a nearshoring partner is right for your company is to talk with them. Ask them about their experience with companies like yours, what they're looking for in a client, and what makes them special. If they can't answer these questions confidently and persuasively, they might not be the right fit for you.”
“When choosing a nearshoring partner, you should consider the following factors:
- Cost
- Speed
- Quality
- Flexibility
- Security
- Cultural similarities and common language”