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."
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.
In this Supply Chain Byte, Lisa Anderson, President of LMA Consulting Group, highlights why energy is at the core of everything in supply chain and manufacturing. From powering automation and AI to driving production and logistics, energy access and strategy are critical to growth. As demand soars, companies must rethink how they plan, invest and prepare for the energy needs of tomorrow.
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.
The announcement of reciprocal tariffs has created extreme volatility in the stock markets and nervousness among executives. Geopolitical, supply chain, and cyber risks plague the end-to-end supply chain and have stimulated additional debates about control in the Panama Canal, Greenland, and global supply chains.
The U.S.-China tariff impact is reshaping supply chains. Businesses must adapt with reshoring, diversification, & regional strategies to stay competitive.
Rare earth minerals are essential to modern technology, from EV batteries to aerospace components. In this Supply Chain Chat, Lisa Anderson dives into why these minerals are so critical, what industries rely on them, and what supply chains must do to secure a stable supply in an increasingly competitive global market.
Geopolitics Dominate Supply Chain Discussions Almost every supply chain chokepoint has geopolitics dominating the discussion. From the Panama Canal to the Suez Canal to the South China Seas and Greenland, geopolitics and supply chains have circulated in the news. For companies to be successful navigating this VUCA (volatility, uncertainty, [...]
Manufacturers are waking up to the risks in their end-to-end supply chains. They are realizing that they are only as strong as their weakest link, especially if they do not have backup sources of supply that will jump in at a moment's notice. As an international law expert says, if you are counting on China for manufacturing, you must "get out".
Risks abound in the global supply chain and goods movement systems. The only successful strategy to thrive is to create a resilient supply chain. According to the Global Port Tracker (GPT) report from Hackett Associates and the National Retail Federation (NRF), the specter of labor strife and new tariffs, along with strong sales, is driving U.S. retailers to keep imports surging through the spring.
