COVID will transform how we manage our supply chain as well as where and how production lines are operated, in ONILOG we are studying our new reality and how may we adapt to it and how to create value thru innovation. After reading article “Cultural Innovation’ by Douglas Holt, I found a guideline to companies as agile and entrepreneurial as we are to create value in a more efficient manner.

Well, this question has different angles and different answers. Statistically speaking, we are not! If we look at the latest figures revealed by the Ministry of Economy, they indicate that during the first half of 2020 USD$17,969.3 million were raised, compared to USD$18,102.4 of the same period of 2019 with preliminary figures, giving us a decrease of 0.7%.

At ONILOG we are aware COVID has drastically changed the way industrial and commercial supply chains are planned and should be managed.

The supply shock that started in China in February and the demand shock that followed as the global economy shut down exposed vulnerabilities in the production strategies and supply chains of firms just about everywhere. These developments, combined with the US-China trade war, have triggered a rise in economic nationalism.

By Guillermo Fernández de Jáuregui

The USMCA negotiation was framed in topics of deep discussion due to the position of the United States’ government representatives feeling in disadvantage; 4 of the 7 topics that took harder negotiation were: 

• Rules of Origin
• Automotive Sector
• Dispute Settlement 
• USA’s trade deficit