Nearshoring Essays

Introduction Altia Business Park is a nearshore location in San Pedro Sola, Honduras. The technological park tries to attract customers, especially from North America, to outsource services, products or business processes to their facilities. Every company that considers outsourcing as an option for conducting business has to perform a complex analysis of the underlying dynamics and factors in order to make a beneficial decision for the company. According to … (book reference), this analysis can

competitive by providing powerful, flexible tools to enhance business intelligence and improve productivity. Every department can focus on its core functions instead of spending valuable time working around inadequate tools or insufficient data. Nearshoring Can Be a Viable Solution to Staffing

They provide favorable cost savings of about 25-30% when compared to US and Western Europe. Compared to European offshoring and nearshoring locations, Latin America certainly provides greater savings. 2. It has a large pool of skilled workers similar to Asian countries with similar universities and programs. 3. It is helpful for both English and Spanish speaking clients. Argentina

taxes and more liberal environmental regulations along with the lower labor costs as seen above. However, there are nowadays more and more manufacturers that have started bringing production activities closer to their domestic countries; i.e. nearshoring has been observed. According to Haberberg & Rieple (2008), near-shoring is the outsource strategy similar to offshoring but located to a geographically closer foreign country. This change in outsourcing activities is supported by the rising increase

A new service of automatic cash dispensing machines or (called as robot cashiers, in that era) was introduced by Barclays in June 1967 in order to allow the Bank to operate a 24x7x365 days. By the 1970s the machines had been refined in order to offer not only cash but also bank statements and deposit facilities as soon as the customer entered their card and personal identification number. In 1975, a more sophisticated auto-teller-machine (ATM) service, called 'Barclaybank ', was launched. The first