Have You Thought About Crossing Borders Lately?
Insights on leveraging cross-border trade for business growth and wider market reach
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.?
There has certainly been a lot of conversation about the potential tax law changes! Michael Kouyoumdjian, managing shareholder of RP&B CPAs did a great job of going through the potential changes and impacts in a discussion with trusted advisers to manufacturers and distributors.
According to Industry Week, steel imports from 2016-17 are on track to be the lowest in almost 15 years!
Who knew transportation could be so complex? As much as goes into transportation, consumers are trained to think of it as "free" (think Amazon Prime) and quick. That certainly provides two conflicting forces!
Where are you sourcing from currently? Don't just jump on the new bandwagon of reshoring but you should give your total cost of ownership a second look as well as dig into your customers' expectations and sourcing impacts.
What might seem impossible to us might not be! Do you tend to write off ideas before considering their full value? Perhaps we should take a page from Wisconsin's playbook and look at the big picture, think long-term and mix it up a bit.
New research explores trends in outsourcing, nearshoring, and insourcing to help manufacturers and distributors thrive.
LMA study finds 70% of US manufacturers expect near-sourcing to rise in the next 5 years due to Amazon effect, cost, & communication benefits.
There is a strategic shift towards insourcing. This is how businesses evaluate the insourcing vs outsourcing dilemma for operational excellence.