Mexico sees a positive economy

Mexico sees a positive economy

Mexico sees a positive economy for 2016

Consejo Mexicano de Negocios (Mexican Business Council) has confirmed that Mexico will keep on being a good nation to invest on during 2016 in the middle of a complicated global environment.

Alejandro Ramirez, president of this organization said that the structural reforms in Mexico, as well as the compromise of the businessmen in the country have created the propitious environment to make a good place to invest and make business.

“2016 will be a year of challenges, but also another opportunity to prove that Mexico’s economy is solid and investors know it, that is why they keep on trusting on this country’s potential to establish or increase their business”, thinks Salomon Juan Marcos Villarreal, president of Grupo Denim.

The gross domestic product had an increase of a 2.6% on the last quarter of 2015, that considering the oil sector, if not, the total increase would have been of a 3.2%. The economy in Mexico increased even more than Brazil, Canada, United States and Argentina.

The enterprises that are part of the organization in charge of business in Mexico have confirmed their compromise to keep on investing in the country as their main market, and probably increase them next year.

Ramirez has confirmed how the effects of the reforms applied in Mexico has already had a positive impact on the energetic and telecommunication sectors, as there have been favorable conditions for national and international investments, which means low rates for fuel, electricity and telephony prices.

He has also confirmed that of course, there are themes that still have to be reviewed, such as security as this would fortify the macroeconomic variables, and with that microeconomics would improve even more.

“It is good to see how Mexico’s economy is recovering and Mexico keeps on being a secure nation to invest, we are optimistic for 2016 and we see this will be a great year for business”, added Salomon Juan Marcos Villarreal.

Inventory Control

Inventory Control

ABC Inventory Control System

The ACB Inventory Control System shows u show to handle inventory in an organized way by classifying priorities, this can be done in three different ways; according to the unit cost, the total cost of existence and the needs without taking into account the cost.

You can find different techniques that will improve the working methods, especially on the production area, and one of them is the ABC analysis, also known as an effort answer, answer analysis or the structure of two facts.

“This ABC technique is used specially on the stock management, product analysis, sales review, and customer’s analysis, among many other”, confirmed Salomon Juan Marcos Villarreal, president of Grupo Denim.

The philosophy of this ABC Inventory Control System indicates that some times it is more expensive to control the inventory than the real cost of the product that is being controlled, for this reason, this technique suggests to classify goods by its importance, on the following way:

A: For those products that require better control for its purchase cost, and the cost of having such product in inventory, by its direct input to the utilities of an enterprise, and by the importance of these goods for a job. It generally is focusses to a small number of elements requested by exact quantities and based on demands of the customers.

B: Those goods that are not so needed as the A products, for the cost, utility and control needed over them. The request of these goods is usually calculated with the optimal amount that a company needs to have in stock.

C: Those articles for which an enterprise needs little investment and has little importance to make the final product, for these type of products, you need a simple audit over the existences. You usually have a considerable amount in your warehouse, without have extra leftover or less than what it is actually needed.

“The ABC Inventory Control System pretends to reduce the costs for handling inventory. It can also provide and inventory rotation, to increase sales frequently and decrease the amount of work done that will mean savings in a company”, added Salomon Juan Marcos Villarreal.

Mexico dressing the world

Mexico dressing the world

Mexico dressing the world with its denim

Mexico is known worldwide for having a great number of textile enterprises, creating fabrics of all types and for its maquiladoras who produce millions of clothing garments each year, that are traded nationally and exporter to different parts of the world.

The good quality  handled by the textile companies, low labor costs, quick production are some of the points that make the big foreign companies to choose Mexican fabrics to manufacture their garments.

“Denim garments have gone a long way through fashion, because they last for too long, the prices are very accessible and the designs meet everyone’s styles”, commented Salomon Juan Marcos Villarreal, president of Grupo Denim.

As of today, Mexico is the second biggest vendor of denim exporting this fabric to the United Sates, as for the total of denim produced, a 50% is exporter and the final destination for most of this fabric is this neighbor country.

Durango, Guanajuato, Puebla and Estado de México are the states in Mexico with the biggest production of this textile.

Although Mexico is mainly in charge of exported denim and products made with this fabric, this country is also in charge of dressing the world by exporting garments such as coats, suits, dresses, lingerie and swimsuits among many other products that are sent to different countries daily.

And even when the textile industry went through very tough periods on the last decade, Mexico has been able to recuperate from it and has become one of the most outstanding exporters of denim in the world.

The Mexican government has also taken the decision to keep on supporting this industry in the country by taking different economic and legal measures that will help increasing the productivity of denim and textiles in general and by modernizing the machinery on the companies dedicated to manufacture garments and textiles.

“Mexico is well known around the world for being one of the countries that work with more efficiency, with high quality standards and low production costs, creating job sources for Mexican people that help with the home expenses”, added Salomon Juan Marcos Villarreal.