The countries assessed by PERLOG’s first stage were Bolivia, Colombia, Ecuador, Mexico, Panama, Paraguay, Peru, and Uruguay. The expectation is for this analysis to cover the totality of countries in Latin America and the Caribbean in the next few years.
The priority for manufacturers and wholesalers these days should be focusing on digital transformation and embracing technology to help improve their efficiency in the short- and long-terms and be more competitive in the market.
It is a fact: we have entered a new era. It is not enough anymore to have systems connecting with each other and with the world at large. To keep up with this decade, companies must use technological solutions that provide information, improve the processes, and give better results.
By 2020, the manufacturing of car parts is expected to reach a value of 100 Billion dollars, placing Mexico as the 4th manufacturer of car parts globally. In addition, Mexico is expecting the arrival of more suppliers for this sector.
The manufacturing of auto parts accounts for half of the automotive industry’s production in Mexico. Therefore, companies aim to continuously improve their execution and warehousing processes so they can guarantee profitable operations.
When it comes to the textile industry, the road for logistics is long. There are many stages between raw materials and finished products, and some more to get the goods to clients in the required terms.
It demands the highest standards of quality and a few specific requirements that change depending on whether we speak about pharmaceutical and biotechnology products, medical and diagnostic devices, medical and personal care products, health and beauty products, or secondary packing or co-packaging services.
Just as a setup of domino tiles, technology changes the way people consume things and the way to do business and so, it changes the market, forcing logistics to change as well.
It is hard to picture life without electronic devices, isn’t it? It is no surprise then that it is Mexico’s second largest industry and one of the most relevant across the globe.
The large number of processes in supply chains turn them susceptible to risks, which can be mitigated and avoided through prevention and action plans. Even though it requires a coordinated effort between the logistics, purchasing, legal, compliance, and finance departments to achieve this, it is also necessary to establish a culture of prevention throughout the whole company.
Ready to brush up on something new? We've got more to read right this way.
Join the Solistica community and receive the latest news.
