“Some Chinese manufacturers are refusing to accept new orders or are even considering shutting down operations temporarily—moves that could put more strain on global
supply chains and cause more inflation.” – Wall Street Journal 06/01/2021
You can read the full article here.
“It’s going to be a fight between China and the U.S. for economic supremacy, and in that new world, you’re going to see a big amount of near-shoring, and I think Latin America can be the big winner, and Colombia can play a huge role,” (Ambassador) Santos said in an interview. “In five years, the economy is going to look radically different than the one we have now.”
You can read the full article here.
“The trade war between the U.S. and China already had American companies rethinking their relationships with manufacturers in China. Then came two additional nails in the coffin. The first was the signing of the United States-Mexico-Canada Agreement (USMCA) into law on Jan. 29, and the second was the outbreak of the coronavirus strain COVID-19.”
You can read the full article here
A 2019 article from Nearshore Americas, which talks about the benefits of Latin American BPO and countries that are growing in the sector, in particular Colombia, Puerto Rico, and Nicaragua:
https://nearshoreamericas.com/five-latin-american-places-growing-as-outsourcing-hot-spots/
As reported by Food Navigator through the Ministry of Agriculture, Livestock and Supply:
“Brazil has reported a strong March in export terms, increasing presence in eight countries during the month, driven by falling trade barriers due to the coronavirus pandemic.”
Excellent article by USA Today, which summarizes supply issues in the consumer disinfectant category during the COVID19 crisis in the United States.
For more information on sourcing opportunities with reputable disinfectant, household and industrial cleaner manufacturers in Latin America, contact us today.
“So how did we get into this mess anyway?
Disinfectant products depend on a complex global supply chain, much of it centered in China.
The other reason disinfectants are out of stock?
Why were U.S. inventories so limited in the first place? A massive wave of cost-cutting by U.S. manufacturers over the past few decades, says Burt Flickinger III, managing director of retail consulting firm Strategic Resource Group.
Working capital slashed. Plants consolidated and closed. Warehouses and distribution centers shuttered. And manufacturers moved to a “just in time” system to manage inventory which, by using sophisticated models to forecast demand, made it possible to produce, ship and stock as few goods as possible.”
Click here to read the article.
