Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
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Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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Expected tariff hikes under the new Trump administration has companies looking at short- and long-term strategies to mitigate costs. One short-term solution is to frontload imports, but this could drive up freight rates and likely won’t suit time sensitive-goods. Experts are advising companies to map out potential tariff vulnerabilities within their supply chains, especially with their suppliers. One long-term solution could be diversifying sourcing beyond China since tariff increases are expected. #thefreightarchitects #jaguarfreight #logistics
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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As highlighted by Kate Magill from Supply Chain Dive, companies trading with the US are highly advised to analyze, if not already done, their supply chains to identify vulnerabilities to tariffs, especially regarding potential exposures at the supplier level. In the short term, manufacturers might frontload imports to avoid higher costs, potentially generating freight rates increase and posing risks for time-sensitive products. Since COVID, most of the companies are trying to diversify their supply chain outside of China for long-term stability and risk diversion, but domestic manufacturing has been limited to products with high differentiation or intellectual content "where label labor cost is a small part of your overall bill of materials". For all other commodities, South East Asia and India will be key. #transatlantic #transapacific #shipping #shippingindustry #oceanfreight https://lnkd.in/dhnRAnSd
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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📢 Tariff Hikes Could Shake Up Manufacturing—Here’s What You Need to Know 📢 As President-elect Trump gets ready to take office, his promised tariff increases—especially on imports from China—are raising concerns across the manufacturing sector. Companies are now facing tough decisions on how to handle potential price hikes, disrupted supply chains, and retaliatory tariffs that could make it harder to export goods. In a recent article, economists warn that these tariff hikes could lead to a "messy" situation for manufacturers, driving up production costs and forcing businesses to rethink their supply chain strategies. Some of the key takeaways? 👉 Short-term strategies, like frontloading imports, might help companies avoid higher costs—but could drive up freight prices. 👉 Long-term solutions could involve diversifying supply chains outside of China to reduce reliance on potentially higher tariffs. 👉 Dual-sourcing is another option, allowing companies to work with suppliers in both China and other countries to navigate tariff challenges. It's clear: manufacturers need to be proactive in understanding their supply chain vulnerabilities to stay ahead of the curve. Read more: https://shorturl.at/2PrN2 #Manufacturing #Tariffs #SupplyChain #BusinessStrategy #Economy #HiringNow
Trump’s tariffs: How manufacturers can prepare
manufacturingdive.com
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This insight emphasizes a few critical trends in supply chain management. The need for companies trading with the U.S. to proactively analyze their supply chains, particularly for tariff vulnerabilities, is crucial for mitigating short-term financial risks. The strategy of frontloading imports to avoid higher tariffs, while a common practice, can lead to increased freight rates and challenges, especially for time-sensitive goods that rely on precision in delivery. In the long-term, diversifying away from China for greater stability has become a widespread strategy since the pandemic. However, the insight accurately highlights that domestic manufacturing is generally limited to high-value or differentiated products where labor costs form a smaller percentage of overall expenses. For more cost-sensitive goods, South East Asia and India continue to rise as viable alternatives, signaling that companies must be strategic in finding the right balance between cost, stability, and risk. This reflects broader global supply chain shifts as businesses seek to manage uncertainty while staying competitive.
Senior Executive in Shipping and Ports sectors | Business Transformation & Operational Excellence | Driving Growth & Strategic Impact | MBA HEC Paris
As highlighted by Kate Magill from Supply Chain Dive, companies trading with the US are highly advised to analyze, if not already done, their supply chains to identify vulnerabilities to tariffs, especially regarding potential exposures at the supplier level. In the short term, manufacturers might frontload imports to avoid higher costs, potentially generating freight rates increase and posing risks for time-sensitive products. Since COVID, most of the companies are trying to diversify their supply chain outside of China for long-term stability and risk diversion, but domestic manufacturing has been limited to products with high differentiation or intellectual content "where label labor cost is a small part of your overall bill of materials". For all other commodities, South East Asia and India will be key. #transatlantic #transapacific #shipping #shippingindustry #oceanfreight https://lnkd.in/dhnRAnSd
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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📦 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐍𝐞𝐰 𝐓𝐚𝐫𝐢𝐟𝐟𝐬 𝐨𝐧 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧𝐬 🇺🇸💼 With President-elect Trump signaling an increase in tariffs, many manufacturers are re-evaluating their supply chain strategies. As experts suggest, while frontloading imports can provide a short-term buffer, the real challenge lies in long-term solutions, like diversifying sourcing beyond China. At SPL Group, we understand that sudden changes in trade policy can cause disruption, leading to higher costs and potential delays. That's why we’re here to help optimize your logistics strategy: ✅ 𝐂𝐨𝐬𝐭 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: Our strong partnerships and extensive carrier network enable us to find the best shipping rates, even in times of heightened demand. 📊 𝐃𝐚𝐭𝐚-𝐃𝐫𝐢𝐯𝐞𝐧 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: We offer a free analysis of your shipping data, helping you pinpoint vulnerabilities and find alternatives to mitigate risk. 🌐 𝐅𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲 & 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Whether it's rerouting shipments or finding alternate suppliers, our proprietary software and experienced team help you adapt quickly, keeping your operations resilient. Don’t wait until new tariffs hit your bottom line—let’s work together to create a proactive plan that will keep your goods moving smoothly and cost-effectively. 📲 Reach out to learn more about how SPL Group can support your business during these uncertain times. #SupplyChainManagement #Tariffs #LogisticsSolutions #ShippingOptimization #Diversification #SPLGroup https://lnkd.in/dNapaBep
Trump’s tariffs: How manufacturers can prepare
supplychaindive.com
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📢 Tariff Hikes Could Shake Up Manufacturing—Here’s What You Need to Know 📢 As President-elect Trump gets ready to take office, his promised tariff increases—especially on imports from China—are raising concerns across the manufacturing sector. Companies are now facing tough decisions on how to handle potential price hikes, disrupted supply chains, and retaliatory tariffs that could make it harder to export goods. In a recent article, economists warn that these tariff hikes could lead to a "messy" situation for manufacturers, driving up production costs and forcing businesses to rethink their supply chain strategies. Some of the key takeaways? 👉 Short-term strategies, like frontloading imports, might help companies avoid higher costs—but could drive up freight prices. 👉 Long-term solutions could involve diversifying supply chains outside of China to reduce reliance on potentially higher tariffs. 👉 Dual-sourcing is another option, allowing companies to work with suppliers in both China and other countries to navigate tariff challenges. It's clear: manufacturers need to be proactive in understanding their supply chain vulnerabilities to stay ahead of the curve. Read more: https://shorturl.at/2PrN2 #Manufacturing #Tariffs #SupplyChain #BusinessStrategy #Economy #HiringNow
Trump’s tariffs: How manufacturers can prepare
manufacturingdive.com
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Sr Director New Business Development, Innovation Specialist
1wThanks Tim- good advice