Kearney Reshoring Index Study Sheds Light on Notable Shifts in Supply Sourcing Prior to COVID-19 Disruption
The Supply Chain Matters blog calls reader attention to a very timely report recently published by global sourcing consulting firm, Kearney (formerly A.T. Kearney). The report’s Executive Summary points a dramatic reversal of a previous five-year trend for the Reshoring Index, as domestic U.S. manufacturing in 2019 commanded a significantly greater share versus sourcing among the 14 Asian low-cost countries.
Revisit of Ferrari Consulting and Research Group 2019 Predictions for Industry and Global Supply Chains- Part One
The Ferrari Consulting and Research Group, via the Supply Chain Matters blog, begins a Part One self-assessment of prior 2019 Predictions for Industry and Global Supply Chains published at the start of 2019.
The Supply Chain Matters blog provides a follow-up to our two previous blog commentaries highlighting the ever-escalating trade war between the United States and China, and the consequential political dimensions and industry forces that will either shorten or elongate the current tariff actions and their impacts.
With each cycle of escalation, the ongoing trade war affects broader businesses, industries, consumer and services companies on both sides. Such effects cascade across adjacent and dependent supply and customer demand networks, with broader economic and other harmful implications.
Breaking News: China Retaliates with Added Tariffs and Trump Responds with an Order for U.S. Companies to Exit China
This Supply Chain Matters blog is to inform our readers of breaking news regarding an announcement from China’s State Council to impose new tariffs on $75 billion of U.S. products coupled with resuming duties on U.S. auto imports, each scheduled to go into effect on September 1 and December 15. President Trump immediately took to Twitter to voice his displeasure and anger.
The Supply Chain Matters blog updates readers on this week’s growing signs of a protracted U.S. and China trade war that is causing supply chains to step-up risk mitigation. The reality is that political-driven processes run in multi-year cycles while supply chains have to manage quarterly, monthly and daily supply and product fulfillment needs at targeted margins and business outcomes.
Trump Administration’s Sudden Actions to Initiate Retaliatory Tariffs on Mexico Imports is Unprecedented and Concerning
President Trump indicated last night, without adequate formal warning, that he intends to impose a 5 percent tariff on all imported goods from Mexico beginning on June 10. Make no mistake, from our Supply Chain Matters lens, this latest development, without some form of rationalization has serious implications for global trade and for global based supply and customer demand networks.
Ongoing trade talks between China and the United States broke-off this afternoon without a basis of agreement. With additional tariffs now imposed by the Trump Administration, businesses and their respective supply and demand networks must now be prepared for additional fallout.