Home Business-newBusiness Small local companies are looking to sell to large chain stores

Small local companies are looking to sell to large chain stores

by Yucatan Times
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With the aim that small and medium-sized Yucatecan companies have the opportunity to link up with large firms such as Coppel and Chedraui, the Business Meeting of the Competitiveness Center of Mexico (CCMX) was inaugurated this Tuesday morning at the Convention Center Siglo XXI.

 Ernesto Herrera Novelo, head of the Ministry of Economic Development and Labor (Sefoet), commented that this space will serve MSMEs in Yucatán to establish commercial supply relationships, strengthen productive value chains, and continue growing within the vast tertiary sector market.

He pointed out that this space is an opportunity to link up with large chains such as Chedraui, which a month and a half ago announced an investment of three thousand 700 million pesos in the State for the opening of 20 new stores, which means an opportunity for Producers join as suppliers so they can sell their products.

“If they only have the capacity for one store, let them only sell in one store and not require them to sell in all 20 stores. That is essential to understand the capacity and working capital they have. If they are going to go for five (stores), let it be for five,” said the official, who added that there is interest in being within these commercial chains.

Juan Carlos Ostolaza Cortés, general director of the CCMX, said that Yucatán, due to its accelerated economic growth in recent years, has become a pole of attraction for investments, something that is expected to continue this year, since the energy infrastructure and transportation will continue to drive its economic development.

He added that, in this first business meeting of 2024, around 90 MSMEs from the food and beverage, agribusiness, construction, crafts, and textile sectors will participate, and will have the opportunity to be with large buyers such as Cemex, Bepensa, ADO. Mobility, Chedraui, Coppel, Kekén and Grupo Posadas.

 “Yucatán is a state with which we have worked since 2017. To date we have organized three business meetings, with the participation of 18 large companies and more than 300 MSMEs,” said the business leader, who added that the entity Companies have emerged that have become large national suppliers.

TYT Newsroom

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