First national study on logistics indicators presented

Submitted by jose.paz on Fri, 12/01/2023 - 20:15

The data collected for the study were retrieved from a 2022 online survey conducted by EGADE, LDM and Soy Logístico, in which more than 150 logistics experts participated.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

EGADE Business School at Tecnológico de Monterrey collaborated with the consulting firm Logística de México (LDM) and the Soy Logístico Association to develop the first National Study of Supply Chain Indicators in Mexico.

The study, which benefitted from the participation of more than 150 logistics experts, emerged to establish a benchmark for organizations from various industries.

Its approach lies in the measurement of the key points that are crucial for supply chain evaluation and improvement.

The results were presented on November 29 at the PM Steele headquarters in Mexico City.

Eric Porras, national director of MBA Programs at EGADE Business School, stressed the importance of promoting a culture of continuous improvement in companies from diverse sectors, focusing on strengthening their supply chains to remain relevant in the market.

“In light of the new investments that are anticipated owing to nearshoring, companies need to progress in achieving process improvement and higher levels of efficiency. This study provides an initial basis to move forward in that direction,” he explained.

In addition, José Ambe, CEO of LDM, highlighted the critical importance of supply chain efficiency in planning and responsiveness.

“This first-ever national study on logistics indicators seeks to mark a milestone in the way we view logistics and how to face future challenges with appropriate decision-making,” he said.

David Martínez, CEO of Soy Logístico, highlighted that this first study represents a turning point for Mexican supply chains by providing concrete data on the 14 most important logistics key performance indicators (KPI).

The data collected for the study was retrieved from an online 2022 survey targeting the main member companies associated with Soy Logistico, business partners of LDM and EGADE Business School.

The information presented in the study is segmented by industry, with the contribution of 100 participating companies.

The study encompasses four main blocks:

  • Customer service level and logistics indicators: Highlights the importance of customer service levels in supply chain management, particularly during unexpected events, such as the crisis generated by COVID-19. A high fill rate performance is demonstrated, with exceptions in the automotive sector due to the complexity of its chain.
     
  • Supply indicators: Analyzes the impact of the health contingency and the Russia-Ukraine War on the supply chain. Sectors such as retail and manufacturing stand out with high fill rate percentages and variations in lead times, according to annual billing.
     
  • Transportation indicators: Examines the growing trend of alliances with transportation providers, highlighting key points such as collection zones and frequency, transfer times, and loading capacity. Significant differences can be observed between industries, such as the use of containers in the automotive sector compared to retail.
     
  • Financial indicators: Analyzes transportation and distribution costs on sales, identifying the logistics and automotive industries with the highest costs. The need to improve infrastructure and services is emphasized in order to guarantee more competitive logistics costs in the face of new investments owing to nearshoring.

The study indicators are organized by industry, i.e., food (25%), retail (22%), logistics (14%), manufacturing (12%), automotive (11%), health or pharmaceutical (10%), and construction (6%).

Regarding employee distribution, 42% belong to companies with more than 1,000 employees, while 63% invoice more than 250 million pesos annually.

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Sixteenth generation completes the Board of Directors Executive Program

Submitted by jose.paz on Fri, 12/01/2023 - 18:03

Executive Education participants receive their certificates at a ceremony presided over by Horacio Arredondo, dean of EGADE Business School.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

The sixteenth generation of the Board of Directors Executive Program, offered by EGADE Business School, celebrated with a closing ceremony on November 28  at the Club Industrial in Monterrey.

By the end of the program, the participants had honed their competencies and acquired specialized knowledge on the functions of the Board of Directors.

Participants were congratulated by and received their certificates from Horacio Arredondo, dean of EGADE Business School; Carlos Serrano, academic leader of the Board of Directors Executive Program; Paul Juárez, director of Attraction and Admissions at EGADE Business School; and Nayeli Meza, director of Experience at EGADE Business School.

The Board of Directors Executive Program is delivered in a blended format with in-person sessions in Monterrey, targeting Board members; company owners, directors and executives; and strategic decision-makers.

The next edition of the program starts in March 2024.

Further information on the program can be found here.

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World-class impact! EGADE alumna among the winners of the Women in Tech Global Awards 2023

Submitted by jose.paz on Mon, 11/20/2023 - 22:48

The Mexican entrepreneur won the Most Impactful Initiative Award in the sixth edition of the annual awards held in the United Arab Emirates.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Ana Karen Ramírez, founder and CEO of Epic Queen, was among the 2023 Women in Tech Global Awards winners.

The Mexican EGADE Full-Time MBA alumna, who represented Latin America against six finalists from other regions of the world, was the winner in the Most Impactful Initiative Award category.

This award recognizes initiatives or projects that have notably impacted advancing diversity, equality, and inclusion in the technology sector.

Ramírez received this award for Epic Queen, the social startup through which she empowers and inspires girls and women through content and education in Science, Technology, Engineering, and Mathematics (STEM).

“This award recognizes our collective efforts, a reminder that when we empower women in technology, we are not only changing individual lives but also transforming the entire world,” Ramírez posted on social media.

The Women in Tech Global Awards 2023 ceremony took place on November 16 in the city of Sharjah, in the United Arab Emirates.

In this sixth edition, awards were given to the winners in 9 categories, which considered 63 finalists and 3,000 nominees from seven world regions.

At the prize-giving ceremony, it was highlighted that, as founder and CEO of Epic Queen, Ramírez has created a domino effect of transformation, impacting more than 70,000 girls and women and lighting up their passion for STEM areas.

Her dedication to accessibility led to the creation of online boot camps, fostering a sense of belonging in the tech community and inspiring women from different backgrounds to pursue tech careers.

Her hackathons have provided new job opportunities, while her mentoring and skills development programs have equipped girls and women with the tools they need to succeed in the industry.

Ramírez, as an influential digital creator, also hosts a  YouTube channel and a podcast that amplifies women's voices in technology and inspires a new generation of female technologists.

Ramírez has won many recognitions, including the 2019 EXATEC EGADE Merit Award, and was also distinguished as one of the Innovators under 35 Latin America 2020 by MIT Technology Review in Spanish.

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Three EGADE Alumnae on the Merca2.0 Marketing Women List

Submitted by jose.paz on Mon, 11/13/2023 - 23:16

EGADE Business School graduates feature on the list of the leading women in the marketing industry.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Three graduates of EGADE Business School - Tecnológico de Monterrey feature on the 58 Marketing Women 2023 list of the magazine Merca2.0.

The publication highlights that, throughout their outstanding careers, these women have demonstrated exceptional leadership, unsurpassable experience and passion for the world of marketing, raising the brands with which they have collaborated to new horizons of success.

The EGADE Business School alumnae are:

María Hernández (MA’00)

CMO, Estafeta Mexicana

“As a staff area, it is usually viewed as an area that the company can do without at any given time. I have translated this learning into generating measurable, palpable value for the company through strategies, in order to reflect a more valuable and recognizable brand, increased profitability, a greater presence and recognition by clients, accompanied by taking full advantage of digital marketing, user experience, knowledge of the competition, etc.,” commented the Master in Business Management graduate in the publication.

Claudia Reyes (MA’08)

Marketing Director, Impulso Division, Grupo Herdez

“As we see a lot, the aim is to continue to digitalize industry with different technologies, but while always ensuring we have purpose-driven brands,” the Master in Business Management graduate stressed.

Karina de la Vega (MBA’19)

Marketing Director, Bam Boo! Lifestyle & ONNEA GELD

"The use of AI can and should be integrated into various aspects of the marketing strategy, from the collection, analysis and interpretation of Big Data, to the creation of image and content elements in line with our micro segment profiles, perfecting them day by day and more rapidly, making it possible to respond in a timely manner to the speed with which markets evolve and the taste or preferences of today’s consumers," the EGADE MBA alumna explained.

The full list was published in the September 2023 edition of Merca2.0.

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EGADE Alumni Among the 100 Most Important Entrepreneurs in Mexico

Submitted by jose.paz on Mon, 11/13/2023 - 19:00

The entrepreneurs included on the Expansión list are Mexican presidents and chairmen of the companies they represent.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

Five graduates of EGADE Business School - Tecnológico de Monterrey stand out in the 2023 edition of The 100 Most Important Entrepreneurs in Mexico, created by the magazine Expansión.

The entrepreneurs who appear on the list are Mexican shareholders and chairmen of the companies they represent.

The list methodology assesses aspects such as fortune, sales, profits, employees and participation in the Mexican Stock Exchange.

The EGADE alumni included on the list are :

#3 - José Antonio Fernández Carbajal (MA’79) President of FEMSA and Coca-Cola FEMSA

#23 - Juan Francisco Beckmann Vidal (MA’69) President of José Cuervo

#35 - Javier Arroyo Chávez (MA’82) President of Farmacias Guadalajara

#86 - Eugenio Clariond Reyes (MA’72) Chairman of Grupo Cuprum, Cleber and Fultra

#90 - José Antonio Rivero Larrea (MA’91) Chairman of Compañía Minera Autlán

The full list was published in the October 2023 edition of Expansión.

👉 https://t.co/ufG5RsW8OV pic.twitter.com/rIl1hxdnkN

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EGADE leads Eduniversal Business Schools Ranking in Latin America for 16 consecutive years

Submitted by jose.paz on Tue, 11/07/2023 - 08:00

EGADE Business School is the only business school in Mexico, and the first of four in Latin America distinguished with the “5 Palms of Excellence”.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

EGADE Business School of the Tecnológico de Monterrey was distinguished as the best business school in Mexico and Latin America for the sixteenth consecutive year, according to the results of Eduniversal's Business Schools Ranking 2023.

This achievement was announced during an awards gala at the 2023 Eduniversal World Convention, held on November 1 in the Fiji Islands, where EGADE Business School received the Gold Award for the Top 3 in Latin America, and it was revealed that the school will be hosting the convention in its 2024 edition in Guadalajara.

EGADE is once again positioned as the only school in Mexico and the first of four in Latin America included among the 100 awarded globally with the maximum recognition of the “5 Palmes of Excellence” and distinguished as “Universal Business Schools with strong global influence.”

 

“Thank you to each and every one of our students, professors, alumni, collaborators, and global partners, who, with their excellence and impact, have made this recognition possible over 16 years, consolidating our school as a leader in business education in Latin America and globally," said Horacio Arredondo, dean of EGADE Business School.

This Business Schools Ranking evaluates a selection of the 1,000 best business schools in 153 countries and 9 geographical zones, prepared annually by the International Scientific Committee (ICC) of Eduniversal.

The results of the 2023 ranking for Mexico can be consulted here, and the list of the Top 3 by geographical zone here.

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QS reaffirms EGADE's leadership in Mexico and Latin America in Global MBA & Business Master's Rankings 2024

Submitted by jose.paz on Mon, 10/30/2023 - 09:00

The EGADE Full-Time MBA, Master in Finance and Master in Business Analytics programs are positioned as number 1 in Mexico and Latin America, and the Master in Business Management achieves the best position in Mexico.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

EGADE Business School of the Tecnológico de Monterrey has reaffirmed its leadership in graduate business education in Mexico and Latin America for the seventh consecutive year, according to the Global MBA & Business Master's Rankings 2024 by the prestigious evaluator Quacquarelli Symonds (QS).

In this edition, the EGADE Full-Time MBA, Master in Finance and Master in Business Analytics programs were positioned as number 1 in Mexico and Latin America, and the Master in Business Management has achieved the best position in Mexico.

Furthermore, the programs are among the best in the world in some dimensions, highlighting the Master in Business Analytics as number 1 worldwide in the Value for Money indicator, the EGADE Full-Time MBA within the Top 20 worldwide in Alumni Outcomes, and the Master in Finance is among the Top 25 in the world in Employability.

The QS methodology considers the reputation of specific business schools from the perspective of more than 61,000 global employers and more than 48,000 academics, and includes mapping the academic trajectories of more than 27,000 alumni.

The most notable results by program are:

QS GLOBAL MBA RANKINGS 2024
The EGADE Full-Time MBA program is:

  • # 1 in Mexico and Latin America for seven consecutive years
  • # 62 out of 315 programs evaluated globally - top 19.7% worldwide
  • # 1 in Alumni Outcomes in Latin America and #19 in the world
  • # 1 in Thought Leadership in Latin America and #77 worldwide

QS BUSINESS MASTER’S RANKINGS: FINANCE 2024
EGADE's Master in Finance is:

  • # 1 in Mexico and Latin America for seven consecutive years
  • # 43 of 204 programs evaluated globally - top 21.1% worldwide
  • # 23 in Employability worldwide

QS BUSINESS MASTER’S RANKINGS: BUSINESS ANALYTICS 2024
EGADE's Master in Business Analytics is located:

  • # 1 in Mexico and Latin America in its first year evaluated
  • # 19 of 149 programs evaluated globally - top 12.8% worldwide
  • # 1 in Value for Money worldwide

QS BUSINESS MASTER’S RANKINGS: MANAGEMENT 2024
EGADE's Master in Business Management is:

  • # 1 in Mexico for 4 consecutive years
  • # 51 of 201 programs evaluated globally - top 25.4% worldwide
  • # 38 in Employability worldwide

"These results fill us with satisfaction and reflect the impact of our exceptional EGADE community, especially our alumni who stand out as entrepreneurs and business leaders in Mexico and internationally. These are also the merit of our outstanding faculty, our extensive global network of academic partners, and the close business vinculation of EGADE, which, together, contribute to enriching the global and transformative vision of our students," said Horacio Arredondo, dean of EGADE Business School.

The QS Global MBA & Business Master’s Rankings highlight the best graduate programs worldwide. All qualifying schools must be accredited by AACSB, AMBA, or EQUIS (EGADE Business School holds these three accreditations, known as the “Triple Crown”).

Among the indicators evaluated by QS are Employability, Alumni OutcomesThought Leadership, Value for Money, and Class & Faculty Diversity. Collectively, the QS rankings cover the most in-demand graduate programs among employers around the world.

The full results, published on October 25, can be found here:

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EGADE Dean Discusses the Role of Business and Democracy with Entrepreneurs

Submitted by jose.paz on Wed, 10/11/2023 - 10:07

The effective integration of sustainability in business strategy was the invitation made by Horacio Arredondo as the guest speaker of Coparmex.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

How can companies help to build more democracy?

This was the question addressed by Horacio Arredondo, dean of EGADE Business School, in his talk “The Paradox of Democracy and the Role of Business”, offered today within the framework of the National Meeting of the Coparmex Democratic Development Commission, in Mexico City.

As the guest speaker, Arredondo warned that there is a lack of connection in public debate between the role of business and the state of society and democracy.

Companies can contribute to the expansion of democracy in the country by rethinking the future of business, the Dean explained.

“The generation of socioeconomic equality represents a multidimensional challenge that requires the effective incorporation of sustainability into business strategy,” he said.

Arredondo urged the business sector to strengthen trust to generate real change in the future of business and society and, in this way, rebuild the social fabric and create broad social impact.

He also stressed the need to improve governance and anti-corruption processes at a macro and micro level in Mexico, a country that has stagnated in the perception of corruption, according to CPI 2022.

“We need to promote transparent business processes that prioritize competition, innovation, and the generation of attractive value proposals. More competitive markets help to diminish the existence of corruption and favoritisms,” he stated.

On bringing his talk to a close, Arredondo invited the entrepreneurs to integrate sustainability effectively into their business strategy, and to invest in the development of their collaborators and communities, seeking to impact society and strengthen democracy.

“We need to speak up and demonstrate that business is the solution and not the problem. In order to be, rather than to seem, we need more competition, innovation, and transparency in the business world,” he concluded.

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