Kimberly Clark, the company behind well-known brands such as Huggies and Pétalo, led by Pablo González, faces a major challenge in its distribution chain: the shortage of truckers and operators. This issue has emerged as one of the major headaches for the company.
Pablo Gonzalezin a conference with analysts, revealed that the lack of operators and truckers is generating higher costs for the company.
It is estimated that in Mexico there is a need for around 60 thousand truck operators, which has negatively impacted the distribution costs of products as diverse as toilet paper, napkins, diapers and sanitary towels, all in the company’s product line. .
The manager of Kimberly Clark described the situation as “very difficult.” Despite these challenges, during the first quarter, the company’s revenue increased 1.8 percent annually, reaching 13.79 billion pesos. However, sales volume barely grew 0.6 percent, indicating moderate but not desperate demand to expand distribution.
Although the current situation represents an opportunity for future growth, the company has faced pressures on its selling, general and administrative expenses.
To take advantage of this situation, Kimberly Clark is making important investments, such as optimizing distribution routes and expanding its truck fleet.
González explained that these measures will not provide immediate results, but it is expected that they will allow the opportunity to be fully taken advantage of towards the end of the year and until 2025.
The company is committed to improving its execution and cost structure to strengthen its market position and ensure efficient supply of its products to consumers.
Call to candidates
The Mexican Council for Standardization and Conformity Evaluation (Comenor), under the direction of Carlos perezcalled on the presidential candidates to promote the country’s industrial development and strengthen the competitiveness of Mexican companies, while protecting security, public health and natural resources.
According to Comenor, more than 169 countries, including Mexico, use international standards developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) to promote business activity.
In Mexico, there are around 700 Official Mexican Standards (NOM) and 5 thousand Mexican Standards (NMX) in force, which contribute to improving user satisfaction, optimizing production times and resources and promoting a solid work culture within organizations. . However, Comenor points out that many Mexican companies are unaware of the benefits of obtaining certifications and carrying out laboratory tests, which is why it urges strengthening collaboration with the private sector to increase national competitiveness.
Vector Brokerage House: Innovation and Financial Leadership
Vector Casa de Bolsa was awarded as “the broker most innovative financial institution in Mexico 2023″ at the magazine’s Cfi.co Awards Capital Finance International, in London. Recognized for its approach, especially in the development of products with Artificial Intelligence technology, Vector has been fundamental in the economic growth of Mexico during its more than 50 years.
The Mexican institution, present in 10 countries, developed its artificial intelligence platform, SofIA by Vector, which seeks to improve the customer experience and optimize operations.
With an annual growth of 13 percent in the last five years and an asset under custody of 178 billion pesos at the end of January 2024, Vector Casa de Bolsa demonstrates its position in the financial field.
sofipo Libertad Pop Beads
More than a month and a half after starting on the market, twice as many Pop accounts have been placed as planned in the launch plan of sofipo Libertad, which presides Silvia Lavalle. One of the aspects that has generated the most interest among its clients is the possibility of carrying out more than 100 operations linked to the purchase of different products and services. It is possible to pay public services such as water, property, and also landline and mobile telephony, gas, electricity, and Internet. This new account also allows users to purchase gift cards from companies such as Amazon, Netflix, Spotify, Uber, Cinépolis, among others. For Lavalle, financial inclusion must continue to achieve greater penetration of banking services and therefore less use of cash. The Pop account, unlike other cards, does not have an opening minimum nor an average balance to pay the interest generated in a period.
