2020 has proved to be a very difficult year for almost all economies of the world. The global economic activities will halt and decrease for about 4.5% this year 1 , and there are consequences for corporation´s Foreign Direct Investment (FDI) as well! FDI in 2020 is expected to decrease in 40% with respect to 2019 2 . It is also expected to have a moderate recovery in 2021. Investment normally acts cautiously after an economic contraction, and the bounce back is tame by a loom forecast of potential recovery.

At ONILOG one of our foundational values is PASION, referring we all should live our lives doing what really has meaning to us and we are developing an in-house program called “Life and Professional Development Plan” so we make sure all of our collaborators follows their own path to happiness.

Theories bind analysis and action and, especially in times of change, when the future becomes unpredictable and anxiety is running high, managers need theories to provide clarity and reassurance.

By Luis Emilio Fernandez de Jauregui

The manufacturing industry has had several major stages throughout history, starting with the mechanization of production by harnessing water and steam (Industry 1.0), then using electric power to create mass production (Industry 2.0), and to the introduction of electronics and information technology to automate production (Industry 3.0). Now we find ourselves in the middle of a new stage, named Industry 4.0

There is a term that is not known to many people, except if you are in the logistics business, this term is “Reverse Logistics”. What is reverse logistics? The normal logistic or forward logistics of any product goes from row materials, to components, and finally to assembly. Check the graphic below.