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.
Is Argentina the next big opportunity in manufacturing? In this Supply Chain Byte, Lisa Anderson shares insights from her recent trip to Argentina and outlines four key reasons why the country is becoming an attractive offshoring option for manufacturers looking to expand or diversify operations in Latin America.
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.
Industrials & Manufacturing Roar Back Although manufacturing has been in a slump for the two years, industrials and manufacturing have roared back. Industrial production has been up for three months in a row, and it surged to its highest ever recorded rate in February. This data aligns with the [...]
Having more diverse, shorter, less complex supply chains creates more resiliency.
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.
In the second half of 2024, manufacturers in the U.S. and Mexico were in contraction according to PMI readings while Canada showed continual expansion. The Purchasing Managers’ Index (PMI) is based on a survey of private sector executives and measures the health of the economy. Canada has scored in [...]
Natural resources aren’t just about availability—they’re about accessibility and investment.
