Foreign Trade Minister of Costa Rica Thanks Global Supply Chain Group

Foreign Trade Minister of Costa Rica Thanks Global Supply Chain Group






January 8, 2019

Foreign Trade Minister of Costa Rica thanks Global Supply Chain Group’s Vivek Sood for representing Asia Pacific perspective at the Suppliers Exchange Forum in San Jose, Costa Rica

The SEF 2 or Suppliers Exchange Forum was a premier event in Central American calendar attended by more than 800 participants, exhibitors and speakers. The event was opened by the Foreign Trade Minister of Costa Rica , Mr. Marco Vinicio Ruiz, who stressed importance of international trade for peace and prosperity. The event was televised and broadcast live to more than 2,000 participants in 10 universities and other locations in Central, North and South America . 16 speakers representing perspectives from different corners of the globe were invited to share their experiences and knowledge in the arena of global supply chains. Currently, this is an area of immense importance in the global trade and skills shortages abound.

About Suppliers Exchange Forum 2

SEF2 is intended to multiply supply chain and outsourcing resources, practices and efforts by global companies. The core concept of the event was “Outsourcing and Supply Chain: Innovation and added value through suppliers.” The agenda was presented by world class speakers with experience in the development of supply chain programs for first tier corporations, strategies and policies applied by companies and countries that have become today’s role model for development. Participants were in close contact with world companies and have the opportunity to become part of the growing foreign direct investment in Costa Rica ‘s clusters as partners, suppliers, or clients. Also they can be confident of the benefits to invest in a country with a highly skilled labor force, long history of democracy and peace, strategic location in the world, and a strong supply chain network. Some of the topics of interest were


Supply Chain trends and challenges in High Tech Industries


Investing and outsourcing in developing countries


Global Strategic Sourcing


Using suppliers network to learn faster


Suppliers development for global approach


Creating strong and flexible Supply Chain: “ Thinking globally, acting locally”


Success for 3PL (Third-party logistics)


Lean Supply Chain: Best practices”


Collaborative Supply Chain


Supply Chain Technology


Global Transportation Challenges

The forum was held on November 5, 6 and 7, 2007 in San Jose, Costa Rica.

About Mr. Vivek Sood

Vivek is the Managing Director of Global Supply Chain Group based in Sydney , Australia . He has over 23 years of operational and strategic experience in logistics and supply chains. As a management consultant with Booz Allen & Hamilton he has provided supply chain and strategy advice to boards and senior management of clients in a range of industries including manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, Business Process Reengineering, supply chain systems, negotiations and all other aspects of global supply chains. Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. Vivek’s areas of expertise include Supply Chain and Logistics strategies and systems, Network and Footprint optimisation, and operations management. He received his Master of Business Administration with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner.

About Global Supply Chain Group:

Global Supply Chain Group is pro-active in creating, configuring, and formulating effective, secure and sustainable supply chains around the world. With a collective supply chain experience of more than 120 years, the senior team in Global Supply Chain Group has worked on more than 100 blue chip projects on all continents adding in excess of $1.5 Billion in value to their clients’ businesses. Large corporations rely on Global Supply Chain Group to deliver outstanding results in their supply chain strategy, supply chain sustainability, supply chain security and supply chain performance. Global Supply Chain Group works very closely, and sometimes anonymously, with the senior executive teams of large corporations to help them win outstanding Global Supply Chain Advantage through: [list icon=”icon: chevron-right” icon_color=”#37c6f5″]

  • Supply Chain Transformations and Design,
  • Supply Chain Strategies and Execution,
  • Supply Chain Infrastructure and Efficiency,
  • Supply Chain Information technology and Integration
  • Supply Chain Processes and Personnel

Contact Details:

Global Supply Chain Group 102/621 Pacific Hwy St Leonards NSW 2065 Australia Telephone +61 2 8920 0694 Fax +61 2 8920 0689 Email: Web:

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Part of our new “Quick Notes” series – this report answers your most pertinent questions of the topic.

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  • The Ministry of Foreign Trade (COMEX) is the governmental institution responsible for the definition, coordination and management of the investment and trade policies of Costa Rica. Its mission is to promote the insertion of Costa Rica in the globalized economy through the opening of new markets, the diversification of its export offer and the attraction of foreign direct investment in the country.

    • Hey, Jannica the Foreign Trade Corporation of Costa Rica (PROCOMER) is a non governmental public entity whose mission is to promote, strenghten, and diversify Costa Rica’s exports to the world. Additionally, one of its principal tasks is to centralize and expedite import and export procedures.

  • I read “Suppliers Exchange Forum 2” and it is great efforts to encourage Supply chain & Logistics to its next generation. It has included success for 3PL. Obviously, it leads to negative reviews, resentful customers, and broken trust of present and potential buyers. This could end up in a nightmare situation for your business. Therefore, it is essential for smart organizations to have an efficient supply chain and logistics mechanism to prevent transportation and delivery related glitches. But for companies dealing with large volumes of goods, it is a difficult task to keep a close watch on their day-to-day business operations and the logistics aspects simultaneously.

    What happens when you fail to fulfill customer orders within a specified time frame?

  • Firstly, Congrats to Mr. Vivek for the award and great initiate to multiple supply chain and outsourcing resources, practices, and efforts by global companies.

    The exchange began in 1997 as an exempt market operated by Austock. Now the concept at its advanced level in the international market. Now Supply chain outsourcing offers both gains for savvy and traps for the unwary, but it is not a case of being caught ‘between a rock and a hard place’. A refusal to use outsourcing could limit the competitiveness of an enterprise. On the other hand, willingness to think it out, plan it, do it and monitor it can enhance the enterprise’s profitability and sustainability.

    Neither should any notion of the proportion of success or failure be read into the fact that we cite two companies successfully using supply chain outsourcing and four companies that ran into problems. There are many more cases of outsourcing success in the world. It’s just that companies that have discovered how much outsourcing can boost their business may not want the others to find out.

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