Nuevo Leon’s SMEs to become Walmart Mexico suppliers

NUEVO LEON - Walmart and the Ministry of Economy of Nuevo León have signed a collaboration agreement so that small and medium-sized local companies can become suppliers of the retail chain.

The SMEs that are part of the "Made in Nuevo León" program will receive training and will learn in detail about the requirements and opportunities that Walmart offers them.

"The businesses will undergo a training process and those that pass for quality and meet the company's standards will be able to sell their products in the stores," said the Secretary of Economy, Iván Rivas.

The program represents an opportunity for small and medium-sized companies to have more spaces to market their products, especially food and beverages.

"This agreement is very good, because we develop local suppliers and businesses can grow, learning from the company's good practices," said Rivas.

"We are going to reach more SMEs to continue driving their growth," said Javier Treviño, senior vice president of corporate affairs for Walmart de México y Centroamérica.

Treviño explained that currently, 85% of Walmart Mexico's self-service suppliers are SMEs, hence the commitment to generate economic and development opportunities, with the intention of continuing to generate new sources of direct employment and contribute to the state's economic development.

Hecho en Nuevo León is a free platform that helps transform ideas into companies, and offers established businesses training to help them grow.

From improving the presentation of products, strengthening sales skills, to exhibiting at fairs outside the state, maturing and migrating to stores, through courses and events to promote their products.

Currently, there are 1,384 new micro, small and medium-sized companies affiliated, with more than 130 courses given and 6,262 participants.