Tariffs in the Garment Industry: Key Takeaways
Lisa Anderson, president of LMA Consulting, participated in a panel discussion on the garment industry to discuss the current status, expected tariffs, implications, and strategies for success.
Lisa Anderson, president of LMA Consulting, participated in a panel discussion on the garment industry to discuss the current status, expected tariffs, implications, and strategies for success.
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.
As companies navigate the current risk-laden global environment, regional supply chains have increased in popularity. The wars in Russia-Ukraine and the Middle East have spurred concerns about the risks associated with global supply chains.
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, [...]
Is China still a viable place for manufacturing and business? In this episode of Supply Chain Chats, Lisa Anderson sits down with John Tulac, International Business Attorney, to discuss the realities of doing business in China.
Natural resources aren’t just about availability—they’re about accessibility and investment.
Lisa Anderson shares her thoughts on the outlook for supply chains in 2025.
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.
"Trump is utilizing tariffs as a negotiating tool in support of his agenda. Although most of what is communicated as potential tariffs is unlikely to go into effect for extended periods of time, tariffs will be rolled out in the next few months." Lisa Anderson is quoted in this article from PYMNTS.
Manufacturing is starting to take flight. The resurgence will be powerful and fast. As a well-connected business executive and trusted advisor mentioned recently, when manufacturing takes off, you will not be able to keep up if you aren't already on top of it.