The concept of Industry 4.0 or its counterpart, the Fourth Industrial Revolution, represents a new milestone in industrial development that furthers the digitization of production processes. This increases their efficiency, quality. and safety. The introduction of digital technologies in industrial plants renews the way we operate and produce by transforming products, supply chain, and expectations […]
Posts by Iram Chavez:
Lexington, South Carolina – Prince Manufacturing, headquartered in Lexington, South Carolina, has entered into an agreement with Phoenix, Arizona-based Tomcar to produce the latter’s TX model multi-purpose vehicle. Iram Chavez, the CEO of Prince Manufacturing, recently stated that “The entire Prince organization is looking forward to working with Tomcar to bring this excellent product to […]
Mexico is the largest exporter of medical devices to the United States, the largest exporter of medical devices in Latin America, and the eighth largest medical device exporter in the world. Due to the circumstances created by the COVID-19 pandemic, it can further strengthen its position in the region and the world.According to information from […]
From the production of automobiles and agricultural machinery, to the manufacture of fighter jets, and even in the operation of ATMs: industry in both Mexico and the United States depends upon what is manufactured in each country. Because of this set of circumstances, it is important to know how the quarantines of factories in Mexico […]
Mexican manufacturing supply chain management is a fundamentally important task for all companies that want to avoid disruptions in their supply chain and to succeed.
Industries in Mexico such as aerospace, automotive, electronics and medical devices all face different challenges and opportunities. Predictions are that the country will rank seventh in manufacturing competitiveness by 2020. Industries in Mexico are expected to grow significantly over the next several years because the country belongs to a steadily expanding North American manufacturing cluster […]
Renegotiations have concluded for the new NAFTA deal, and all three countries are declaring the agreement a victory. US President Trump long derided NAFTA as a failure and a liability for the US economy. He campaigned on a promise to scrap the North American Free Trade Agreement and replace it. But how different is this […]
As a systematic way to increase efficiency and better please customers, lean principles run counter to traditional mass-production practices. Yet, they allow small and medium businesses to consistently increase quality while decreasing costs. They emphasize key objectives like simplicity, flow, and balance. Companies large and small can leap over their competition by understanding and implementing this highly efficient system.
More jobs are coming to the United States from an unlikely source – China. Typically known more for competing with the United States for jobs, there has been a recent slurry of manufacturing leaving China headed for more profitable shores. It seems rising wages and fuel costs are driving the shift to a large extent. […]
Intellectual property is among the most valued assets companies today can have. Developing, protecting, and deploying this property is essential to success. Fortunately, Mexico has a history of detailed protections, effective enforcement, and an environment that inspires investor confidence. Companies seeking to manufacture in Mexico should take steps to adequately understand the way intellectual property protection in Mexico works, and how they can most benefit from these protections.