MIAMI, Fla.–Ryder System, Inc. and the Instituto Tecnológico de Monterrey recently hosted the second annual thought leadership forum at the Hotel Camino Real in Monterrey, Mexico. The event featured an exclusive gathering of senior Mexican leaders in transportation and supply chain from various industries including food, beverage, automotive, and consumer packaged goods (CPG) who provided strategic insight, new ideas, and thought leadership.
“With U.S.-Mexico trade booming, and the near-shoring trend gaining momentum, Mexico is becoming a key strategic market in global supply chains,” said Gene Sevilla, Vice President of Ryder International Supply Chain Solutions.
During the event, a presentation titled “Supply Chain Innovations in Emerging Markets,” was conducted by Dr. Edgar Blanco, Research Director in the Center for Transportation & Logistics (CTL) at the Massachusetts Institute of Technology (MIT). Dr. Blanco’s presentation highlighted the importance of innovation and the types of changes currently being made in the logistics sector that are adding value to supply chains around the world.
“Today’s consumers demand convenience and speed,” said Dr. Blanco. “Whether it’s in-store or online, pick up or same day delivery, they want more choices to get the products they want, when and where they need them, and this means companies need greater supply chain visibility, and flexible distribution networks to accommodate their needs. Supply chain operations in Mexico have a great potential to become a premier solution for various industries and businesses, especially with the inclusion of the latest advances in technology,” he said.
Julia Kuzeljevich is Editor of Canadian Shipper. She has been writing about transportation and logistics issues since 1999. All posts by Julia Kuzeljevich