CALGARY, AB, and MEXICO CITY — Supply Chain Management provider Tronicus Inc, a wholly owned subsidiary of Canadian Pacific Railway (NYSE & TSE: CP) is pleased to announce the creation of its Mexican subsidiary Tronicus (Mexico) S.A. de C.V. and welcome Mexican Business Development Director, Federico Tamayo Tovar, to the team.
Tronicus is an asset-neutral supply chain management and logistics provider that works with its customers on a range of supply chain and logistics challenges to forecast demand, reduce inventory, optimize distribution networks, and facilitate extended supply chain collaboration. The unique relationship between Tronicus and its clients provides the client technology based solutions without the large capital investment traditionally required. In addition, Tronicus clients benefit from:
– A Single Integrated Tronicus Invoice for all activities across carriers, modes, transfer facilities, and customs services
– Optimal network re-engineering
– Fully integrated in-transit inventory management and global supply chain visibility
– Single point-of-contact event and execution management
– Opportunities to access new markets
Carl Young, President and COO at Tronicus stated: “We are very excited about expanding our services into Mexico. With the numerous reforms recently undertaken and the various free-trade agreements Mexico has signed, the Mexican marketplace has become a manufacturing and emerging international trading hub that will benefit immensely from the logistics and supply chain solutions that Tronicus delivers. As well, an on-site Mexican presence further services our clients who export into Mexico – reflecting Tronicus’ single- source accountability.”
Federico Tamayo Tovar, Director of Mexican Business Development, expressed: “Many Mexican companies and foreign companies operating in Mexico are recognising the critical importance of logistics and supply chain management to their business. This is evident as Mexico’s labour-cost advantage is diminishing comparatively to countries such as China and India. Businesses are willing to explore new alternatives not only to reduce costs, but to create value and secure a competitive advantage. Tronicus can deliver this value and drive this advantage.”
About Tronicus
Headquartered in Calgary, Alberta, Canada and with offices in Toronto, Ontario, Canada and Mexico City, Mexico. Tronicus is a wholly owned subsidiary of Canadian Pacific Railway Company. Tronicus delivers comprehensive global supply chain and logistics solutions extending the service scope of 3PL/4PL/LLP offerings.