There is no doubt that the Metaverse is a big deal these days. This virtual world where an infinite number of people can meet, work, play, shop, or socialize is a new realm that will change how we live forever, and industry will also find a new space for development. The Industrial Metaverse will bring with it infinite possibilities for the future of business.
Read MoreWhat does Mexico need to do to attract more nearshoring investment and continue showing the world that the high occupancy rate in industrial parks and the constant announcements of companies settling in the country is a trend that will only keep on growing? There is indeed a lot of work to be done, but there are four specific actions that will be crucial in attracting foreign companies.
Read MoreToday, working on a business plan requires careful consideration and strategic thinking. The beginning of a new year is a good time to take stock of a company’s current situation and to focus attention on the future. While the steps to follow are different for each size and type of organization, some are universal and they represent the core of any business plan.
Read MoreWhat is Third-Party Logistics (3PL) and How to Choose the Right One
For companies that rely on logistics suppliers, receiving, storing, and shipping inventory is crucial to their growth, especially when volatility impacts supply chain management. As specialization of logistics functions becomes a necessity for many businesses, especially with the e-commerce and omnichannel networks, outsourcing to 3PL companies has now become a trend.
Read MoreReducing Volatility in the Supply Chain: An Opportunity for Build to Suit Distribution Centers
Due to the pandemic, e-commerce became an opportunity for built-to-suit projects. In 2020, industrial space in Mexico reached 2.1 million square meters, an increase of 6% from the previous year. This model offers, among other things, stable and long-term leasing, which can go in line with a company’s strategies and operational needs, especially when it comes to building distribution centers. However, almost four years after the health emergency, supply chain ...
Read MoreDuring the month of December, many businesses slow down their operations in preparation for the holiday season. However, this does not mean that they cannot continue finding potential clients. In fact, generating leads during the holidays is a great strategy for development. When opportunities decrease due to the holidays, there are a number of ways to look for leads that will most likely convert into clients in the future.
Read MoreHow Will Industrial Real Estate in Mexico Be Affected by Record Foreign Direct Investment?
Manufacturing companies lead the real estate landscape, occupying 55% of the gross leasable industrial area in Mexico. Consumer goods, as well as transportation and logistics companies, occupy 19% and 9%, respectively. Given that foreign direct investment in Mexico broke the record ($29.041 billion USD) in the first semester of 2023, the positive effects could soon be felt in industrial real estate.
Read MoreIn the coming years, companies will be required to take ESG criteria seriously, not only as an exercise in compliance and risk management, but as an opportunity to redesign their business models from the ground up. True ESG integration will give way to new design processes, acquisition strategies wil be rewritten, and marketing and communication endeavors will be changed forever. ESG trends for 2024 indicate that these criteria will evolve ...
Read MoreTrust is the foundation of leadership. Leadership encompasses self-esteem, confidence, and the firm conviction that one can change the world. Confident leaders can shape and guide people as they make decisions within their company. Leaders inspire, motivate, and maintain a vision.
Read MoreThis phenomenon is known as nearshoring, and Mexico is one of the main destinations. This represents an opportunity for several Mexican industrial sectors. However, access to renewable energy is one of the main challenges that need to be overcome in order to accelerate the development of the nearshoring model in Mexico. This is why nearshoring has become the main driver for the construction of sustainable industrial parks.
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