Nearshoring for Healthcare
Pharmaceutical, medical device, and laboratory diagnostic companies can gain so much from reimagining their supply chains. As a global 3PL provider, we have the knowledge and capabilities to help you accomplish big shifts for your operating models.
Why Are Healthcare Companies Switching to Nearshoring?
Healthcare supply chains operate in one of the most demanding industries, where timely delivery and full visibility are non-negotiable. Our nearshoring solutions are designed to meet these critical needs, delivering speed, transparency, and efficiency—because healthcare demands nothing less. Companies around the world are reorganizing supply chains to bring production closer to demand.
Top reasons for changing sourcing <sup>[1]</sup>
Why does Nearshoring matter?
Driven by Nearshoring, Mexico’s exports are at an all-time high
2023
"Mentions of re-shoring on earnings calls in 2023 have more than doubled from a year ago" [2]
54%
of US executives think manufacturing closer to home is key to survival [3]
$475B
Mexico is the US’s top trading partner based on import value [4]
Key Benefits of Our Nearshoring Solutions
What does a nearshoring model look like?
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Understanding Mexico’s IMMEX Program
The IMMEX program, pronounced “e-Mex,” is a trade promotion initiative designed to help businesses save on shipping costs from Mexico to the United States. It reduces duties and taxes for companies that manufacture or sell products from Mexico, often referred to as maquiladoras.
Key IMMEX Benefits
- Exemption from Mexican import taxes.
- Reduced corporate income tax rates.
- Enables Value-Added Tax (VAT) refunds.
- Available throughout Mexico, not limited to specific cities or regions.
How Can UPS Healthcare Customers Use IMMEX?
- Achieving IMMEX status requires a 12-month certification process.
- Maintaining certification needs regular reporting to Mexican tax authorities.
- Shippers can access IMMEX benefits through third parties.
- UPS’s nearshoring solution offers IMMEX services directly or via a local vendor.
How IMMEX Works
1 Maersk, Whitepaper on Supply Chain Resilience, retrieved from Maersk
2 CNBC, Stock Futures and Market Trends, retrieved from CNBC
3 Accenture, High-Tech Supply Network Redesign, retrieved from Accenture
4 Statista, Largest Trading Partners for US Imports in 2024, retrieved from Statista
Frequently Asked Questions
Additional Resources
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