Simply Trade [Events]: Nearshoring Your Way to Savings with Gena Mann and Hunter Bell

As businesses face ongoing challenges from inflation, workforce shortages and economic uncertainty, many are looking at new strategies like nearshoring to help cut costs and gain efficiencies. This episode of the Simply Trade podcast explored how implementing a nearshoring solution with the right partner can provide numerous benefits.

Defining Nearshoring
Nearshoring refers to outsourcing certain business functions to locations closer to home, such as countries in Latin America. This provides advantages over traditional offshoring models that send work farther abroad. Nearshore locations like Mexico and Colombia offer similar time zones and easier travel compared to places like India or the Philippines.

Functions to Consider
Common roles companies nearshore include customer service, dispatching, billing/invoicing and other administrative tasks that can be performed remotely. This allows existing employees to focus on higher-level, strategic work rather than getting bogged down in repetitive processes.

The Value of Partnerships
Guests Hunter Bell and Gena Mann from Lean Solutions Group stressed that finding an experienced partner is key to success. Their company helps set up client operations nearshore, supplying a ready talent pool for roles like transportation tracking. This scalability proved vital during COVID spikes when demand fluctuated wildly.

Learning from Industry Leaders
Attendees heard about the Nearshore Experience conference being held February 12-13, 2022 in beautiful Cartagena, Colombia. This event hosted by Lean Solutions Group brings together over 600 clients and other businesses. The agenda includes panels, networking and speakers addressing current challenges. It's a chance to gain insider insights from companies already implementing nearshoring strategies.

Takeaways
In summary, leveraging the right nearshoring partner can optimize workflows, boost cost-savings and help organizations weather economic storms. The conference provides an immersive learning experience for any company exploring ways to future-proof operations through strategic outsourcing.

 

Enjoy the show!

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

• Simply Trade Podcast - twitter.com/SimplyTradePod 

• Gena Mann - https://www.linkedin.com/in/gena-mann-a50b05145/ 
• Hunter Bell - https://www.linkedin.com/in/hunter-bell-0299b4167/ 
• Lean Solutions Group - https://www.leangroup.com/ 
• Nearshore Experience - https://www.nearshoreexperience.com/ 

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