The economy has a distinct impact on manufacturing. Although U.S. manufacturing has gone sharply down with offshoring for lower wages, less regulations, and fewer hurdles, there remains a base crux of manufacturing might that is turning into a renaissance with favorable tax, tariff and interest rate policies.
In step change progress to depending on China (who has been unreliable in supplying critical minerals), a strategic partnership has been developed to replace this dependence for antibiotics. Not many companies can take over manufacturing of extended supply chains and scale up adequately. Thus, strategic partnerships can provide the resources and investments to scale and succeed.
The Southern California ports had a record-breaking month as the tariffs smoothed out and companies started preparing for peak season. As supply chains evolve significantly over the next several years, logistics systems will evolve. Companies must think ahead, predictively evolve their networks, modernize and upgrade their facilities, processes, and technologies.
A manufacturing boom is on its way. Although it might not appear so according to clients' SIOP (Sales Inventory Operations Planning) models with weaker clients' backlogs and hesitant customers, we have no doubt it is imminent.
The U.S. unveiled its first AI Action Plan with the "Winning the AI Race" All-In Summit. The AI Action Plan focuses on a few core elements to ensure the U.S. leads the world with artificial intelligence.
It is past time to ensure your supply chain is ready for growth. As companies scale up, shortages and lead times are extending. Develop plans to take advantage of the opportunities by preparing your supply chain to scale.
Where do we stand with imports & exports? The U.S. broke records with the highest trade deficit (imports - exports) on record in 2024 at $1.2 trillion. Q1's trade deficit set records at a massive $465 billion, as companies pulled goods in early to mitigate the potential impact of [...]
Congress passed what has been referred to as the "One Big Beautiful Bill (OBBB)", and it has been signed into law. There are far-reaching implications for manufacturers and supply chain organizations. The bottom line is that it is expected to spur growth and success with tax benefits and supporting incentives.
Tariffs continue to cause great stress in the financial markets and with certain industries. In fact, it divides manufacturers from distributors, logistics, and goods movement industries largely dependent on imports and trade.
Israel and Iran had an escalating 12-day war with the U.S. getting involved by bombing Iran's main nuclear facility. Although a cease fire has been negotiated, tensions remain high in the Middle East.
