Dr Edgar Blanco conducts his presentation titled “Supply Chain Innovations in Emerging Markets” at the Ryder-hosted thought leadership event. Business Wire photoRyder System Inc (NYSE: R), along with the Instituto Tecnológico de Monterrey, recently hosted its second annual thought leadership forum at the Hotel Camino Real in Monterrey, Mexico.
The event featured a gathering of senior Mexican leaders in transportation and supply chain from industries including food, beverage, automotive, and consumer packaged goods, who provided strategic insight, new ideas, and thought leadership.
“With US-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. “As a leading third-party logistics provider in Mexico, Ryder is well-positioned to help customers manage their critical supply chain functions and gain a competitive edge.”
During the event, a presentation titled “Supply Chain Innovations in Emerging Markets,” was conducted by Dr Edgar Blanco, research director for the Center for Transportation & Logistics (CTL) at the Massachusetts Institute of Technology (MIT). Blanco’s presentation highlighted the importance of innovation and the types of changes being made in the logistics sector that are adding value to supply chains worldwide.
“Today’s consumers demand convenience and speed,” said 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.”
Ryder Mexico provides logistics and supply chain management solutions to companies with operations in Mexico. It manages more than 3.1 million square feet of warehouse and more than 3.7 million square feet of yard space in Mexico and handles more than 3,000 cross-border freight movements between the United States and Mexico a week. Globally, the Ryder Supply Chain Solutions business segment manages approximately 35 million square feet of warehouse space and contracts with more than 1,600 carriers in all modes of transportation in the markets it serves.
For more information, access www.ryder.com.
