In this episode of Supply Chain Chats, Lisa Anderson, president of LMA Consulting Group, talks with Alan Dunn, President of GDI Consulting about the future of supply chains. They discuss how tariffs have and will reshape global manufacturing and become a catalyst for transformation.
Geopolitics have been driving significant changes in supply chains. For example, stemming from the China threat, GM has just announced that it wants parts makers to pull supply chains from China. As supply chains evolve, it creates an expansive effect. As companies evaluate supply chain network changes, there are many items to take into account
As geopolitical, tariff, and other supply chain risks are causing concerns with offshoring strategies and the global sourcing perspective, companies are reviewing domestic alternatives. Companies are moving towards domestic and regional supply chains and preparing to scale manufacturing and the extended supply chains.
The U.S.–Mexico trade relationship is one of the most critical drivers of manufacturing supply chains today. With more than $800 billion in goods crossing the border annually, companies on both sides are rethinking their strategies for sourcing, production, logistics, and growth.
Distributors play a critical role in the supply chain in connecting manufacturers to customers with inventory, logistics, and fulfillment. As tariffs, geopolitical risks, and tax and regulatory changes take place, supply chains will evolve. Forward-thinking distributors are determining how to mitigate risks and take advantage of the opportunities that emerge with artificial intelligence and advanced technologies.
Global supply chains are being reshaped by shifting tariffs, trade regulations and geopolitical uncertainty. In this ASCM Inland Empire webinar, Lisa Anderson, President of ASCM-IE, and Ed Knab, international trade and customs expert, explore the ripple effects of tariffs on manufacturers and distributors—and the strategies companies can use to stay resilient.
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.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
When disruptions hit, transportation often takes the blame. But now, it's also where opportunity hides. As transportation and trucking are expected to emerge from the freight recession, there is a short window of opportunity for companies to evaluate supply chain reconfigurations and develop transportation strategies.
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.
