The latest supply chain news, analysis, trends and best practices for companies operating in Latin America. The Latin American region consists of 19 sovereign states and several territories and dependencies that stretch from the northern border of Mexico to the southern tip of South America. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates.
Manufacturers around the globe are taking advantage of the Internet of Things (IoT) to create smart factory floors. Now they can use it to improve their entire supply chain and eliminate costly disruptions. IoT-based cargo tracking sensors can make your supply chain smarter by providing the comprehensive cargo visibility that is often unavailable today. They can deliver item-level condition monitoring, ensuring that goods arrive in time, at the right place and intact.
This is particularly helpful with cross-border logistics, as these devices—with the real-time in-transit data they generate— can give companies the power to overcome some of their biggest international shipping challenges. Here’s a look at the top seven cross-border issues and how an innovative real-time IoT sensor program can help solve them.
The Northern American Free Trade Agreement is 25 years old, but whether it lives to see another year is an open question. Nafta came under intense fire from both major candidates during the 2016 U.S. presidential campaign.