Trans-Pacific Trade Delays – Are You Prepared?
There is a LOT of conversation about trade wars, tariffs and politics yet what has created havoc this week is an act of mother nature.
There is a LOT of conversation about trade wars, tariffs and politics yet what has created havoc this week is an act of mother nature.
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
How significant is freight to your bottom line? For example, when I was a VP of Operations for an absorbent healthcare products manufacturer (adult diapers, hospital underpads), freight was a BIG concern.
Keep innovation and future disruptors top of mind.
Do you have backup transportation built into your model? Are you considering additional transportation partners such as third-party logistics providers (3PL) and brokers? Perhaps they shouldn't be considered a last resort.
Insights on leveraging cross-border trade for business growth and wider market reach
Have you checked in with your supply chain lately? Will they be geared up to support you or have you ignored them and don't know what might happen as production ramps up in the U.S.?
According to Industry Week, steel imports from 2016-17 are on track to be the lowest in almost 15 years!
Amazon's expansion into Australia will have impacts on retail, and how will it shape the future of global distribution and drone delivery?