Foot traffic and location analytics help wholesale distributors maximize profits, allowing them to reveal where operational inefficiencies are and then implement solutions in problem areas.
In the new commercial scenario generated by the covid-19 crisis, some Guatemalan companies in the plastics industry are manufacturing masks, face masks, gloves and special suits for medical use.
The activity of the sector has fallen considerably due to the restrictions imposed by the outbreak of covid-19, and it is estimated that in the country only 60% of companies engaged in the manufacture of plastic products are working.
Through the implementation of data mining and machine learning techniques, companies can improve their efficiency and optimize their production processes.
EDITORIAL
Analyzing large volumes of data to make decisions that result in better results for a company applies not only to the commercial and sales field, but also to other areas of the same or even more sensitive companies: the production process.
Using resources from the European Union and the Nicaraguan government, a program will be financed which focuses on the transformation of the cattle value chain and the implementation of a sustainable production model.
The institutions promoting the program reported that "... through this program, the European Union (EU) is making available to the GRUN a total of €20 million, which will be administered by the Spanish Agency for International Cooperation for the Development (AECID), which is also contributing 500 thousand euros, and there will also be a counterpart contribution from the Government of €1.2 million."
Support is being given to sustainable agriculture programs to meet growing consumer concern about the origin of the raw materials of the products they consume.
From a statement issued by the Cosa Rican Foreign Trade Promotion Office (PROCOMER):
Cargill and Mondelēz International are promoting two programs to have a cocoa supply chain which is 100% sustainable by 2020. Cargill is doing the same through its initiative Cocoa Promesa and Mondelēz through its program Cocoa Vida.
Companies from the sector are consolidating their operations in plants in order to improve production efficiency.
The President of the Honduran Maquila Association, Daniel Facussé, announced that the purpose of the relocation is to become more competitive, following a system already used in other companies in different sectors.
In the last five years sales generated by productive links grew by 120%.
An article in Elfinancierocr.com reports that while domestic firms still "resent obstacles of access to financing and have to specialize in new niches and technical skills demanded by multinational companies", there is more and more business going on between these two groups, enhancing and adding local value to exports.
Salvadoran agrifood businesses have expressed their concern that the announced investments are part of a political project.
An article in Laprensagrafica.com that "Alba Foods, another productive programs, along with Alba Petróleos- tied to the political strategy of the FMLN, has invested $30 million this year and among the basic grain harvest 2012 and 2013, expects to complete $60 million to expand its geographical presence.
Productive chains link suppliers and distributors to the value chain of a larger company, transferring technology to them and creating a more sustainable business.
The journalist Tatiana Gutierrez interviewed Leo Schlesinger, designated a Young Global Leader by the World Economic Forum in 2010, for the newspaper La Nacion. The following is part of the interview:
Organized by the Guatemalan Association of Exporters (Agexport), the event aimed to bring together in one platform all the participants in the production chain of goods and services.
Industrializing production and increasing the value added to goods are tasks pending in the sector.
Recently, an international forum on the issue was held in Nicaragua, where representatives of the agribusiness sector from countries like the United States and Mexico, among others, took part, and which raised the issue of the challenges facing the Nicaraguan agribusiness in increasing their competitiveness internationally.
A “Made in the World” initiative has been launched by the WTO to support the exchange of projects, experiences and practical approaches in measuring and analysing trade in value added terms.
Today, companies divide their operations across the world, from the design of the product and manufacturing of components to assembly and marketing, creating international production chains. More and more products are “Made in the World” rather than “Made in the UK” or “Made in France”. The statistical bias created by attributing the full commercial value to the last country of origin can pervert the political debate on the origin of the imbalances and lead to misguided, and hence counter-productive, decisions. The challenge is to find the right statistical bridges between the different statistical frameworks and national accounting systems to ensure that international interactions resulting from globalization are properly reflected and to facilitate cross border dialogue between national decision makers.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
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