All the Hoopla Around Tariffs & What It Means for the Supply Chain
Tariffs, tariffs, and more tariffs dominate the conversation.
Tariffs, tariffs, and more tariffs dominate the conversation.
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".
Lisa Anderson warns that the recent devastating fires in Los Angeles County will have far-reaching impacts on supply chains well beyond the immediate area. With over 100,000 people displaced and critical infrastructure, IT systems and power grids affected, businesses across industries must prepare for disruptions that could persist for months.
During a discussion with manufacturing and supply chain professionals at the Association of Supply Chain Management chapter of San Fernando Valley, California, we talked about strategies to unlock the future by mastering supply chain challenges and opportunities.
What does the election mean for manufacturing and supply chain? Will it be a continuation of the status quo, a surge for manufacturers, or a further dampening of the economy?
The economy is facing headwinds with high inflation, interest rates, and concerning employment numbers. The world is on high-risk alert with the Russia Ukraine war, and the Israel Hamas war, which has expanded to Hezbollah.
Turbulent times are upon us. According to Reuters reporting from the Bank of America, geopolitics has leapfrogged inflation as the most significant risk to the market, and that was proven true as the market slumped with the expectation of Iran's attack on Israel.
In this episode of Interlinks I am joined again by my colleagues from the supply chain special interest group of the Society for the Advancement of Consulting to discuss the issues of energy security and geopolitical change and how they are influencing the thinking of business strategists and decision makers as the look to design and configure the supply chains of the future.
The world of supply chain and logistics has been plagued with volatility, disruptions, geopolitical issues, concerns about energy availability and transition, and increased regulations.
There are mountains of geopolitical threats going on with significant impact on the supply chain. Most, if not all of these also relate to natural resources.