"We are facing a phenomenon called inverse globalization, although at the start of the 90s there was a strong trend towards globalization; terrorist attacks and other phenomena that has happened around the world have pushed strategies aimed to strengthen regions, especially commercially," explained Dr. Cedillo.
According to the investigator, some of the studies developed in 2013 show a trend of decision makers opting for regional supply, for example, those in front of industrial plants installed in China are looking to buy from suppliers located in the region. Additionally, the American industry is looking for suppliers in North America, which represents areas of opportunity of Mexico, but also great challenges.
In this regard, he commented that the study, "Reshoring Mexico 2014, Mexico's Reshoring Capacity Index," elaborated by the Center of Research for Development, analyzes opportunities for Mexico in five industries where the country has the opportunity to attract investment. "This study could be a good tool for state governments given that different regions around Mexico want to enter the same industrial sectors, developing a rivalry to attract companies without previously making an analysis to know in which sector they have the advantage," he commented.
It is important to emphasize that, with respect to its capacity to attract investment and manufacturing production, the study places Baja California 3rd of 19 states.
Dr. Cedillo also talked about the First National Survey, "Risk Evaluation in Supplier Chains," emphasizing exportation security together with the objective of knowing the characteristics of the current predicament with regard to risk in the supply chain and the necessities derived from the Mexican business sector.
When asked how decision makers saw the future, those polled expressed that in a lapse of five years they considered it very likely that small and medium companies dedicated to offering some type of logistical service would be asked to provide some type of seal of confidence or security certification. Similarly, they consider it very likely that over the next five years a seal of confidence or security certification be required from non-manufacturing companies and companies not dedicated to logistics (cleaning service companies, office suppliers, etc.)
This way, the idea is reinforced that in order to have a safe supply chain, it is undispensable that all and every one of the participants be sensible to the challenge that security imposes upon organizations, that they be informed and trained on the subject, in addition to developing modern tools that facilitate it.
The study indicates that any supply chain is articulated upon three main flows: 1) physical flow, 2) information flow, and mainly, 3) money flow; in the future, security initiatives will also have to contemplate the validation of financial aspects that impede the infiltration of crime in honest supply chains.
Among the concrete proposals that could benefit decision makers in the short run and were mentioned during the study are the following…Continue reading article here
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