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Panama, The Port with Two Oceans - 10 Reasons Panama Should Be Your Latin American Distribution Center (TNS851J)

Presented By : Joe Lynch , Demostenes Perez
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
60 minutes
  •  Tue, October 13, 2015
Event Description
See the sneak peek before you buy!
 

Important Points You Should Consider to Maintain Your Distribution and Logistics Center in Panama

The Latin American region is growing rapidly in terms of trade and economic might. By 2050, the biggest economies will be China, USA, India, Brazil and Mexico. Brazil and Mexico are both in Latin America and the USA is close by culturally and geographically.

Many US companies are attempting to take advantage of this emerging opportunity by opening distribution centers in Latin America. Latin America is an increasingly important market for US companies. Opening a distribution center in Latin America has many benefits for companies including closer proximity to customers, lower inventory costs, lead time reduction, lower transportation costs from Asia, and easier and less restrictive customs processes.

As companies begin opening distribution centers in Latin America, they have encountered many problems including: lagging productivity, lack of supply chain expertise, security concerns, lack of transportation and infrastructure and customs issues.

But Panama does not suffer from any of these problems. From its beginning, Panama and its famous canal have focused on and specialized in trade, transportation, logistics and distribution. The Panama Canal and its perfect location make Panama a natural transportation hub. The city has invested heavily to fortify its position as Latin America's trade hub. Its infrastructure, operations, and supply chain expertise are comparable to the US in every way.

The United States and Panama have been closely linked since the US took the lead on the construction of the Panama Canal in 1904. It's perfectly situated between North America and South America. Additionally, the Panama Canal connects the Pacific and Atlantic oceans, which means it brings together the two great emerging markets – Asia and Latin America. These factors make Panama one of the most important strategic ports in the world.

Currently, 5% of the world's freight travels through the Panama Canal every day. With the recent expansion of the canal and the growth of Latin America, Panama is poised to become an even more important part of the world trade. Companies looking to open a Latin American distribution center should definitely consider Panama, the port with two oceans.

This session with expert speakers Joe Lynch & Demostenes Perez will discuss the important points you should keep in mind when you maintain your distribution and logistics centers in Panama.

This webinar will provide you an understanding of the following:

  • Why should a US company open a distribution center (DC) in Latin America?
  • What are the typical problems US companies encounter when locating a DC in Latin America?
  • What are the advantages of opening a distribution center in Latin America?
  • Why is Panama the best location for a Latin American distribution center?

Session Highlights

  • An understanding of why Latin America is an important market for US companies
  • A discussion of why US companies are opening distribution centers in Latin America
  • A review of typical problems encountered with Latin American distribution centers
  • Recognition of why Panama is one of the best locations for a distribution center
  • Significance of the Panama Canal to trade in the America (past, present and future)
  • History of Panama and US relations and Panama Canal construction

Who should attend

  • People from Trucking and distribution companies.
  • Logistics and supply chain professionals.
About Our Speaker(s)

Joe Lynch, Transportation Guidelines ExpertJoe Lynch
Joe Lynch is the founder of The Logistics of Logistics, a logistics training and consulting firm.  Joe specializes in helping logistics and transportation companies grow their sales.  Joe also works with manufacturers, retailers, distributors and wholesalers to select and manage their logistics providers (3PLs, broke... More info

 

Demostenes Perez, Transportation Safety ExpertDemostenes Perez
Demostenes Perez has been the General Manager of Logistics Services Panama since 2005 and joined the company on 1998. He was born in Panama in 1972 was educated at the University of Panama in Public Administration and did a Specialization in Business Management at ADEN International Business School. Demostenes (Demo) i... More info

 
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    Subject: You might be interested in this event from AudioSolutionz
    Event Title: Panama, The Port with Two Oceans - 10 Reasons Panama Should Be Your Latin American Distribution Center
    Presenter(s): Joe Lynch , Demostenes Perez

 
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