There are 1 Companies in Panama
that provide Logistics & Supply Chain Consulting Services!

Panama is known more for shipping, banking, low taxes, and beautiful sights. But the IT industry is not so far behind since the country is in the middle of digital transformation, and currently at the 4th stage of the “Smart Nation” project. Within this project, most of IT companies decided to settle there, and the existing ones have known successful progress. So after all, Panama is not only about taxes and beaches, but it has a developing IT sector. 

The main part of the tech sector relies on app development. Even back in 2014, Panama started to be an operational center for 250+ startups that were focused on developing apps for Google’s android, mainly. Later on, the country was a destination to set for multinational companies such as Dell, Ericsson, or ABB that continued to develop the IT industry inside the country. Panama doesn’t lack tech specialists, even if the country has ~4 million inhabitants. Since the tax policy is flexible and real estate is cheap, many skilled professionals from both Latin and North America consider Panama as a great place from where to work. 

Why working with a Panama-based IT company

Consider Panama as a non-national-based IT destination. Here, out of hundreds of IT startups and tech companies, only 30% are founded and lead by native inhabitants. The other 70% or so are international IT & software companies that relocated to a place comfortable for both workers and companies. 

In Panama, you can find the entire spectrum of IT services and companies that perform from midrange to top. Of course, these companies charge according to their service quality, but then again - try the US market and you will get extra prices for everything.  On top of everything, many Europeans found Panama as a great choice to start or continue their business. 

The local currency is equal to the USD which makes the country comfortable to work with. The average yearly salary of a web developer in Panama is ~39K USD, while the average hourly rate is ~18,8 USD. These are pretty competitive prices compared to the US or Bolivia, for example. 

What you should pay attention to when working with a Panama-based IT company

The huge company diversity in Panama can have both positive and negative impacts, especially for those interested in budget projects. Out of 560+ IT and software companies registered in Panama, many of them are still inexperienced in developing, design, marketing, or even simply B2B affairs. Yes, the risk of hitting an inexperienced company persists in every country, yet the chances here are bigger, due to the high number of startups that already call themselves “well-established web agencies”. 

How reliable are Panama-based IT companies

IT companies that lack experience, on their turn can create project difficulties, such as delays on project delivery, miscommunication, lower-than-average project management to name a few. This is why Tech Behemoths comes to help in analyzing and finding the right partner for your digital project. 

On the other hand, there are not few IT and software companies that gained a name on the international IT market and perform decent to world-class services for their clients and have a good portfolio. 

Generally, it all depends on the company, but certainly, Panama is a country not to miss when looking for a digital partner.

Logistics & Supply Chain Consulting is a service that helps companies to improve their logistics and supply chain operations. A team of experts manages all processes from designing strategies to moving, storing, and delivering goods or services from the point of origin to the final destination, ensuring that customers receive what they ordered.

These services are closely related to inventory optimization, transportation management, warehousing and distribution, procurement, risk management, and other ones that effectively manage supply chain processes.

Did you know that?!

• Efficient supply chain management can reduce inventory holding costs by up to 30%.

• The Asia Pacific region is the largest market for supply chain consulting services, followed by North America and Europe

• 79% of companies with high-performing supply chains achieve revenue growth above the industry average.

In this context, the importance of the service is already obvious:

• Increased efficiency

• Reduced costs

• Improved customer service

However, supply chains are complex and can also be difficult to manage effectively. That's why it's good to turn to a logistics & supply chain consulting company.

But choosing the right company is not very easy either.

There are a few things to keep in mind when choosing a logistics and supply chain consulting company.

1. First, make sure that the company has experience in your industry.
2.  Second, ask about the company's methodology and how they will measure the success of their work. 
3. Finally, make sure that you feel comfortable with the company's representatives and that you are confident that they can help you achieve your goals.
4.  And of course, seek recommendations and check client testimonials.

There are more than 120 companies on the TechBehemoths platform that offer a wide variety of logistic and supply chain consulting services that will help to achieve significant improvements in your supply chain performance, achieve cost savings, and gain a competitive edge in the market. Explore their profiles and feel free to get in touch with them.

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire.