Telenovela Logística: Watch our exclusive video coverage of Automotive Logistics Mexico 2020
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Watch: A royal entry to Mexico’s competitive supply base
Kevin Reed, vice-president of supply chain at tier two electronics and battery component supplier Royal Power, talks to Daniel Harrison about why the company recently built a new plant in Mexico, and the challenges facing its supply chain and logistics. In the context of declining margins among tier suppliers, Reed discusses the key advantages of moving to Mexico to better serve customers and compete, and why maximising efficiency in the supply chain is a crucial differentiator.
For more on the major financial and technological challenges facing tier suppliers, download our comprehensive study of margins in the supply chain, and check out our dedicated webinar on managing margins in the supply chain.