Visit to Exologistica

Monday we visited Exologistica (http://www.exologistica.com/), one of the top companies providing logistic services to companies in Argentina and other countries in South America (Brazil and Uruguay). This company handles the logistic operations of several top companies in Argentina and abroad.

We had the opportunity to learn how the company operates and manages its business. We also learnt about the challenges of operating in emerging markets and the problems of dealing with different exogenous shocks that affect its normal business operations.

Our host, Carlos Cremona, explined the opportunities and challenges of Mercosur, the agreements with the Union and the Government, which produce a very different business environment than in the United States. He showed us how packages and orders from clients are processed, stored and delivered, and the system they use to handle these tasks.

We had the opportunity to see their impressive safety system that provides protection to the trucks delivering the clients' orders. This system is a key component of their business given the high rate of crime in Argentina.

All these additional factors and variables gave students awareness regarding risks, challenges and opportunities of doing business in Argentina. Furthermore, they learnt that understanding how to operate in the the local economy is a key component of the company success.