Lisa Anderson, a supply chain expert and president of LMA Consulting, told BI she expects the overall effect of the tariffs to be "mildly inflationary," with some of the worst economic effects tempered by the recent trade deal, but ultimately "each industry or company could have a wildly different outcome."
Moving manufacturing to the U.S. is no simple task. Capital, labor, and automation determine who can succeed—and who gets left behind.
The world is VUCA-laden (volatility, uncertainty, complexity, ambiguity) and trending to greater volatility as risk heightens, supply chains unravel and short-term priorities remain intact.
Before Trump took office, let alone announced or implemented his tariffs plan, many major companies brought in extra inventory of products to the US in an attempt to mitigate the impact of potential tariffs, but the buffer will run out soon.
If you have domestic production and you’re going to move products into Southern California because you want to supply customers here, you do have a choice.
Concerns over the trade war that erupted when Trump announced higher tariffs against most U.S. trade partners this month rippled across the country - including the Inland Empire, the region sometimes called the warehouse of the western United States. But the Inland region might not take as large an [...]
The most important strategy to minimize the impact of sudden tariff changes is to create a resilient supply chain. Addressing tariffs requires a short-term and long-term strategy. In the short term, you must stay ahead of changing conditions, enhance your supply chain visibility so that you know the origin and risks of your end-to-end supply chain and be ready to move rapidly.
Supply chain shortages have improved from their all-time high in Q1 2024. Yet, risks remain high, especially with the increased level of vulnerabilities.
The de minimis exemption disrupts e-commerce, leading businesses to rethink tariffs, logistics, and sourcing strategies for supply chain stability.
The U.S.-China tariff impact is reshaping supply chains. Businesses must adapt with reshoring, diversification, & regional strategies to stay competitive.
