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- April 30, 2024
April 30, 2024
The Ultimate Guide to Sourcing in Mexico
Sourcing in Mexico has become an increasingly popular choice for businesses looking to expand their global supply chains. As a country with a strategic location, competitive labor costs, and a growing economy, Mexico offers numerous opportunities for companies seeking to optimize their sourcing processes. This ultimate guide aims to provide you with a comprehensive understanding of the basics of sourcing in Mexico, how to navigate the Mexican market, the legal and regulatory framework, cultural considerations, and logistics and supply chain management.
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International Container Shipping Rates
Container shipping rates are starting to fall again in 2024.
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New Episode of Ecommerce on Tap
In this week's thrilling episode of Ecommerce On Tap, hosts Aaron and Nathan delve into the inspiring story of On, a brand that's not only racing ahead in the athletic footwear market but also setting a new pace in sustainability.
👟 Sustainable Strides:
Discover how On responded to the growing demand for ethical fashion in Europe, crafting a carbon neutral shoe that's a literal step ahead. Nathan breaks down On's innovative clean cloud technology and how it represents a new horizon for eco-conscious consumers.
💡 Turning Crises into Opportunities:
Aaron gives an in-depth analysis of On's journey, including their hands-on approach with prospective buyers that grew their store presence to an impressive 5000 by 2018. But it's not all smooth running—learn about the supply chain crisis that nearly bankrupted them and the lessons in transparency and supplier trust that ultimately led On to triumph.
🚀 A Jolt of Financial Health:
Nathan reveals the electric financial milestones that mark On's rise: from a risky 10,000 pair initial production to an IPO generating revenue of $796 million. And get a glimpse into their ambitious future with a revenue of $2.04 billion in 2023 and aspirations for industry-leading EBITDa margins.
🌱 The Innovation Marathon:
Aaron opens the discussion on On's commitment to innovation and personalization, exploring their utilization of 3D printing and introduction of new materials. All while maintaining a strong eco-friendly stance—a balance that's reported to resonate with consumers across the globe.
✨ Let's Hear Your Thoughts:
As we lace up this season of Ecommerce On Tap, Nathan and Aaron are asking for your feedback! What was your favorite episode? Which companies should we spotlight next? We're all ears and ready to deliver the stories that matter to you.
The Underground Playbook of Eight-Figure Ecommerce Brands
Get the inside secrets of top 8-figure ecommerce brands. Learn how they got their start and how they grew their concept from nothing to millions in revenue.
Missed out on Ring and Nest? Don’t let RYSE slip away!
Ring 一 Acquired by Amazon for $1.2B
Nest 一 Acquired by Google for $3.2B
If you missed out on these spectacular early investments in the Smart Home space, here’s your chance to grab hold of the next one.
RYSE is a tech firm poised to dominate the Smart Shades market (growing at an astonishing 55% annually), and their public offering of shares priced at just $1.50 has opened.
They have generated over 20X growth in share price for early shareholders, with significant upside remaining as they just launched in over 100 Best Buy stores.
Retail distribution was the main driver behind the acquisitions of both Ring and Nest, and their exclusive deal with Best Buy puts them in pole position to dominate this burgeoning industry.
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