As plants in China began to shut down early last year due to COVID-19 outbreaks, manufacturers all over the world were left without needed component parts and materials. Then as the virus spread to almost every nation on the planet, supply chains were spun into disarray.
The supply chain disruption showcased the unreliability of current inventory management systems in times of crisis and highlighted the need to improve supply chain visibility. It also exposed the importance of diversifying North America´s supply chains.
Though manufacturers hope operations will resume to normal, there’s no indication these supply chain challenges will subside anytime soon. The constant disruptions have caused more and more companies to change course to find stability in their operations. As a result, they’ve determined Mexico’s manufacturing solutions offer advantages that are too valuable to pass up including better logistics, greater trade protection, and unique foreign benefits.
Venture Connections wants to aid North American OEM’s through this shift. We work consistently to find our buyers the very best, most qualified suppliers. On our latest search, we landed in Mexico, more specifically, the state of Querétaro to find suppliers who will help our buyers meet their demands.
Through an event organized by the state’s department of sustainable development and the automotive cluster of Querétaro, we were able to identify and channel links through coordinated business agendas with some of the most important companies in the region. From the metalworking sector to plastic injection and electronic parts, we are sure we can provide amazing options for our current and future buyers.
We will continue to solidify our commercial relationships with the region to keep helping bring supply chains closer to home. Our ultimate goal is to make business easier by creating more resilient and efficient supply chains while supporting Mexican companies.
If you’re ready to make the shift, join our network here, and we’ll take it from there.
Sources:
https://www.csis.org/analysis/bringing-supply-chains-back-mexico
https://mexicobusiness.news/aerospace/news/mexico-consolidate-its-role-supply-chain-tomorrow
