Aldous Huxley had it right — it truly is a brave new world, and it is especially so when it comes to tariffs and trade. And for organizations with even moderately complex multinational supply chains, the mounting challenges are the most significant that they’ve faced to date. A fresh set of supply chain strategies are need, the quicker the better.
In addition to dealing with a forever multiplying list of SKUs driven by market demand, the trend toward engaging contract manufacturers continues to grow, and an ever-expanding list of commerce channels is making supply chain management more challenging by the hour. Combine this with an uncertain trade environment with unprecedented market volatility and the impact of ongoing legal, regulatory and taxation changes, and you have a perfect supply chain storm brewing.
It’s no longer just political posturing
Threats of new tariffs are no longer just political position. They’re starting to have real impacts on businesses that rely on global supply chains, from hospitals to automobiles and it has multinationals starting to wonder if it’s even possible to pivot away from China as a supplier.
Collectively, these factors make good sourcing, purchasing and production decisions more difficult for organizations as they look to grow market share and profitability – in other words, the requirement to be agile in supply chain management is that much further out of reach. Or so it seems.
Join Robert Kugel of Ventana Research and C.J. Wehlage of Kinaxis as they take a look at supply chain strategies such as automated supply chain planning and how it can help organizations meet growth and profitability targets in these uncertain times.
Watch the webinar for supply chain strategies that will help you:
- Gain perspective on the new, less stable era of trade and complex commerce that puts a premium on building agility into supply chain planning and execution.
- Learn the importance of incorporating the financial dimension in supply chain planning.
- Understand how dedicated software applications can produce consistently better results than SCM processes built on spreadsheets.