SlideShare a Scribd company logo
NEARSHORING
more Cost Competitive
Why is
Tangible and intangible costs
of visiting a team outside the U.S.
C O N S I D E R I N G :
CLIENT
2 team
members
DURATION
2 days
FLIGHTS
all airlines,
economy
HOTEL
4 stars,
1 double room,
breakfast, wifi,
FREQUENCY
quarterly
COSTS
in USD
Western Region Team
San Francisco
TANGIBLE COSTS
Country
Round trip +
hotel per quarter
Year Cost
3
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
$2,675
$5,350
$3,110
$1,095
$32,100
$64,200
$37,320
$13,140
INTANGIBLE COSTS
Flight time per
quarter (round trip)
Flight time
per 3 years
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
16 hrs
23 hrs
22 hrs
4 hrs
192 hrs
276 hrs
264 hrs
48 hrs
East Region Team
Boston
TANGIBLE COSTS
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
$2,830
$3,140
$2,815
$1,150
$33,960
$37,680
$33,780
$13,800
INTANGIBLE COSTS
City
Round trip + hotel
(quarterly)
Year Cost
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
13.5 hrs
18 hrs
28 hrs
7.5 hrs
162 hrs
216 hrs
336 hrs
90 hrs
Central Region
Chicago
TANGIBLE COSTS
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
$3,155
$3,185
$3,590
$1,020
$37,860
$38,220
$43,080
$12,240
INTANGIBLE COSTS
Argentina (Bs.As.)
Ukraine (Kiev)
India (Deli)
México (GDL)
15 hrs
17 hrs
20 hrs
4 hrs
180 hrs
204 hrs
240 hrs
48 hrs
References:
Flight costs from Expedia.com
Hotel costs from Booking.com
Overall costs of visiting your offshore
team quarterly during a 3 year project
Costs of bringing your iTexico team
to your city
San Francisco
Chicago
Boston
Buenos Aires
$32,100
$37,860
$33,960
Kiev
$64,100
$38,220
$37,680
India
$37,320
$43,080
$33,780
Gdl (iTexico)
$13,140
$12,240
$13,800
C O N S I D E R I N G :
2 team
members
2 day
stay
Flying from GDL
avg rate, all
airlines, economy
FREQUENCY
quarterly
HOTEL
avg rate,
breakfast, wifi
COSTS
in USD
C O N S I D E R I N G :
CLIENT
2 team
members
DURATION
2 days
FLIGHTS
all airlines,
economy
HOTEL
4 stars,
1 double room,
breakfast, wifi,
FREQUENCY
quarterly
COSTS
in USD
San Francisco
Chicago
Boston
$1,465
$1,045
$1,500
$17,580
$12,540
$18,000
Country
Country
Round trip +
hotel per quarter
Year Cost
3
Flight time per
quarter (round trip)
Country
Country
Round trip +
hotel per quarter
Year Cost
3
Flight time per
quarter (round trip)
Country
Flight time
per 3 years
Flight time
per 3 years
But what about costs of going Offshore? Let’s compare tangible
and intangible costs of visiting an Offshore team in 3 different
countries vs visiting a Nearshore+ team with iTexico.
References:
Flight costs from Expedia.com
Hotel costs from Booking.com
References:
Flight costs from Expedia.com
Hotel costs from Booking.com
References:
Flight costs from Expedia.com
Hotel costs from Booking.com

More Related Content

Recently uploaded

Malibou Pitch Deck For Its €3M Seed Round
Malibou Pitch Deck For Its €3M Seed RoundMalibou Pitch Deck For Its €3M Seed Round
Malibou Pitch Deck For Its €3M Seed Round
sjcobrien
 
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
dakas1
 
Unveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdfUnveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdf
brainerhub1
 
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
campbellclarkson
 
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdfThe Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
kalichargn70th171
 
Enhanced Screen Flows UI/UX using SLDS with Tom Kitt
Enhanced Screen Flows UI/UX using SLDS with Tom KittEnhanced Screen Flows UI/UX using SLDS with Tom Kitt
Enhanced Screen Flows UI/UX using SLDS with Tom Kitt
Peter Caitens
 
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
kalichargn70th171
 
14 th Edition of International conference on computer vision
14 th Edition of International conference on computer vision14 th Edition of International conference on computer vision
14 th Edition of International conference on computer vision
ShulagnaSarkar2
 
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
kgyxske
 
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
The Third Creative Media
 
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
safelyiotech
 
Transforming Product Development using OnePlan To Boost Efficiency and Innova...
Transforming Product Development using OnePlan To Boost Efficiency and Innova...Transforming Product Development using OnePlan To Boost Efficiency and Innova...
Transforming Product Development using OnePlan To Boost Efficiency and Innova...
OnePlan Solutions
 
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdfBaha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
Baha Majid
 
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
Luigi Fugaro
 
Enums On Steroids - let's look at sealed classes !
Enums On Steroids - let's look at sealed classes !Enums On Steroids - let's look at sealed classes !
Enums On Steroids - let's look at sealed classes !
Marcin Chrost
 
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
Paul Brebner
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
ThousandEyes
 
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
kalichargn70th171
 
Migration From CH 1.0 to CH 2.0 and Mule 4.6 & Java 17 Upgrade.pptx
Migration From CH 1.0 to CH 2.0 and  Mule 4.6 & Java 17 Upgrade.pptxMigration From CH 1.0 to CH 2.0 and  Mule 4.6 & Java 17 Upgrade.pptx
Migration From CH 1.0 to CH 2.0 and Mule 4.6 & Java 17 Upgrade.pptx
ervikas4
 
Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...
Paul Brebner
 

Recently uploaded (20)

Malibou Pitch Deck For Its €3M Seed Round
Malibou Pitch Deck For Its €3M Seed RoundMalibou Pitch Deck For Its €3M Seed Round
Malibou Pitch Deck For Its €3M Seed Round
 
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
一比一原版(UMN毕业证)明尼苏达大学毕业证如何办理
 
Unveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdfUnveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdf
 
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
🏎️Tech Transformation: DevOps Insights from the Experts 👩‍💻
 
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdfThe Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
 
Enhanced Screen Flows UI/UX using SLDS with Tom Kitt
Enhanced Screen Flows UI/UX using SLDS with Tom KittEnhanced Screen Flows UI/UX using SLDS with Tom Kitt
Enhanced Screen Flows UI/UX using SLDS with Tom Kitt
 
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
The Power of Visual Regression Testing_ Why It Is Critical for Enterprise App...
 
14 th Edition of International conference on computer vision
14 th Edition of International conference on computer vision14 th Edition of International conference on computer vision
14 th Edition of International conference on computer vision
 
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
一比一原版(sdsu毕业证书)圣地亚哥州立大学毕业证如何办理
 
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
Unlock the Secrets to Effortless Video Creation with Invideo: Your Ultimate G...
 
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
Safelyio Toolbox Talk Softwate & App (How To Digitize Safety Meetings)
 
Transforming Product Development using OnePlan To Boost Efficiency and Innova...
Transforming Product Development using OnePlan To Boost Efficiency and Innova...Transforming Product Development using OnePlan To Boost Efficiency and Innova...
Transforming Product Development using OnePlan To Boost Efficiency and Innova...
 
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdfBaha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
Baha Majid WCA4Z IBM Z Customer Council Boston June 2024.pdf
 
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
WMF 2024 - Unlocking the Future of Data Powering Next-Gen AI with Vector Data...
 
Enums On Steroids - let's look at sealed classes !
Enums On Steroids - let's look at sealed classes !Enums On Steroids - let's look at sealed classes !
Enums On Steroids - let's look at sealed classes !
 
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
Why Apache Kafka Clusters Are Like Galaxies (And Other Cosmic Kafka Quandarie...
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
 
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
A Comprehensive Guide on Implementing Real-World Mobile Testing Strategies fo...
 
Migration From CH 1.0 to CH 2.0 and Mule 4.6 & Java 17 Upgrade.pptx
Migration From CH 1.0 to CH 2.0 and  Mule 4.6 & Java 17 Upgrade.pptxMigration From CH 1.0 to CH 2.0 and  Mule 4.6 & Java 17 Upgrade.pptx
Migration From CH 1.0 to CH 2.0 and Mule 4.6 & Java 17 Upgrade.pptx
 
Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
Marius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
Expeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
Pixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
marketingartwork
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
Skeleton Technologies
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
SpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Lily Ray
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
Rajiv Jayarajah, MAppComm, ACC
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
Christy Abraham Joy
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
Vit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
MindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Infographic pt II why is nearshoring more cost competitive

  • 1. NEARSHORING more Cost Competitive Why is Tangible and intangible costs of visiting a team outside the U.S. C O N S I D E R I N G : CLIENT 2 team members DURATION 2 days FLIGHTS all airlines, economy HOTEL 4 stars, 1 double room, breakfast, wifi, FREQUENCY quarterly COSTS in USD Western Region Team San Francisco TANGIBLE COSTS Country Round trip + hotel per quarter Year Cost 3 Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) $2,675 $5,350 $3,110 $1,095 $32,100 $64,200 $37,320 $13,140 INTANGIBLE COSTS Flight time per quarter (round trip) Flight time per 3 years Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) 16 hrs 23 hrs 22 hrs 4 hrs 192 hrs 276 hrs 264 hrs 48 hrs East Region Team Boston TANGIBLE COSTS Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) $2,830 $3,140 $2,815 $1,150 $33,960 $37,680 $33,780 $13,800 INTANGIBLE COSTS City Round trip + hotel (quarterly) Year Cost Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) 13.5 hrs 18 hrs 28 hrs 7.5 hrs 162 hrs 216 hrs 336 hrs 90 hrs Central Region Chicago TANGIBLE COSTS Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) $3,155 $3,185 $3,590 $1,020 $37,860 $38,220 $43,080 $12,240 INTANGIBLE COSTS Argentina (Bs.As.) Ukraine (Kiev) India (Deli) México (GDL) 15 hrs 17 hrs 20 hrs 4 hrs 180 hrs 204 hrs 240 hrs 48 hrs References: Flight costs from Expedia.com Hotel costs from Booking.com Overall costs of visiting your offshore team quarterly during a 3 year project Costs of bringing your iTexico team to your city San Francisco Chicago Boston Buenos Aires $32,100 $37,860 $33,960 Kiev $64,100 $38,220 $37,680 India $37,320 $43,080 $33,780 Gdl (iTexico) $13,140 $12,240 $13,800 C O N S I D E R I N G : 2 team members 2 day stay Flying from GDL avg rate, all airlines, economy FREQUENCY quarterly HOTEL avg rate, breakfast, wifi COSTS in USD C O N S I D E R I N G : CLIENT 2 team members DURATION 2 days FLIGHTS all airlines, economy HOTEL 4 stars, 1 double room, breakfast, wifi, FREQUENCY quarterly COSTS in USD San Francisco Chicago Boston $1,465 $1,045 $1,500 $17,580 $12,540 $18,000 Country Country Round trip + hotel per quarter Year Cost 3 Flight time per quarter (round trip) Country Country Round trip + hotel per quarter Year Cost 3 Flight time per quarter (round trip) Country Flight time per 3 years Flight time per 3 years But what about costs of going Offshore? Let’s compare tangible and intangible costs of visiting an Offshore team in 3 different countries vs visiting a Nearshore+ team with iTexico. References: Flight costs from Expedia.com Hotel costs from Booking.com References: Flight costs from Expedia.com Hotel costs from Booking.com References: Flight costs from Expedia.com Hotel costs from Booking.com