PLUS+ Login


To log into your PLUS+ Account, complete and submit the information below.

Not a PLUS+ subscriber already? Become one now.


For assistance with your PLUS+ subscription, contact customer service.

Premium access to exclusive online content,
companion digital editions, magazine issues and
email newsletters. Subscribe Now.



Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2009.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $109/year*. Begin yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

For assistance with your PLUS+ subscription, contact customer service.

* Prices higher for subscriptions outside the USA.

You have been logged out of PLUS+

For assistance with your PLUS+ subscription, contact customer service

Need to access our premium PLUS+ Content?
Upgrade your subscription now.

Our records show that you are currently receiving a free subscription to Supply Chain Management Review magazine, or your subscription has expired. To access our premium content, you need to upgrade your subscription to our PLUS+ status.

To upgrade your subscription account, please contact customer service at:

Email: [email protected] Phone: 1-800-598-6067 (1-508-663-1500 x294 outside USA)

Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2010.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $129/year*. Start yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

This content is available for PLUS+ subscribers.


Already a PLUS+ subscriber?
To begin or upgrade your subscription, Become a PLUS+ subscriber now.

For assistance with your PLUS+ subscription, contact customer service.

Sorry, but your login to PLUS+ has failed.


Please recheck your login information and resubmit below.



For assistance with your PLUS+ subscription, contact customer service.

Subscribe to our free, weekly email newsletter!



Are You and Your Supply Chain Ready for Import Tariffs?

Are you and your supply chain ready for all the ramifications of this new world?
By Robert A. Rudzki
February 21, 2017

Trade between the U.S. and other countries will likely become more complex, in part because of growing sentiments that import tariffs will rise significantly.  Are you and your supply chain ready for all the ramifications of this new world?

The purpose of this article is not to offer an economic primer on the relative merits of free / fair trade versus tariff-impacted trade. Most college-educated professionals who suffered through a basic economics class are well-aware of the arguments that each side puts forth. For those interested in a quick refresh, the following two articles do a relatively unbiased job summarizing the basics:

http://economics.about.com/cs/taxpolicy/a/tariffs.htm

http://www.politifact.com/truth-o-meter/article/2016/jun/21/donald-trump-has-floated-big-tariffs-what-could-im/

The purpose of today’s article is to ask supply chain and sourcing executives to reflect upon three immediate topics relating to the potential imposition of wide ranging import tariffs on goods entering the U.S.:

• Is your sourcing organization ready to respond dynamically to what could be a fast-changing world order? Do you have the competencies residing in your organization today? And, do you have the necessary bandwidth?
• Is your supply chain, and are your supply chain partners, capable to respond pro-actively and work with you in what could be a period of significant uncertainty and roiling markets?
• Do you have already-developed plans to reduce supply risk from at-risk countries such as China and Mexico (who represent the bulk of Low Cost Country Sourcing supply for most companies)?

If you answered at least one of these questions with a “no” or a “not yet”—keep reading!

The supply chain impacts are likely to be direct and visible (e.g., higher prices on purchased goods and raw materials), indirect and pervasive (e.g., higher interest rates), and involving subtle but significant non-price components of the Total Cost of Ownership (e.g., logistics and warehousing costs, supply disruption, etc.). There is also an expectation, among some analysts at least, that the US Dollar will strengthen vis-à-vis other major currencies. This could have at least two impacts:

• increasing the costs of US exports into world markets (in relation to the receiving country’s domestic currency) – with a potential adverse impact on sales by the US corporation
• potentially more “buying power” for the US corporation for those offshore goods and services normally priced in local currencies (this latter impact could be substantially offset by the imposed tariffs on the goods as they enter the US market)

As the above high-level summary suggests, the future will not be a simple exercise of “picking the apparent low price supplier.” Scenario planning, risk evaluation and management, and genuine Strategic Sourcing & Negotiations Management, will be fundamental for success.

As we know from our work assisting clients in many industries on the procurement transformation journey, most organizations do not have the necessary competencies nor the required bandwidth to get ahead of the curve on these challenges. Success requires insight, foresight, and a commitment to transformational change from the very top.

Those who start the journey promptly, and gain the active support of their top management, will be among the survivors.

The others? Well: “One year from now, you will have wished you had started today.”

If you are among the estimated 90% of companies who have not begun the transformational journey to supply management as a strategic function, NOW IS THE TIME to get going!

For additional information on how to obtain top-level support, contact the author or read the author’s highly-endorsed book: Next Level Supply Management Excellence: Your Straight to the Bottom Line® Roadmap

https://www.amazon.com/Next-Level-Supply-Management-Excellence/dp/1604270594/ref=sr_1_2?ie=UTF8&s=books&qid=1291924591&sr=1-2

 

 


About the Author

image
Robert A. Rudzki
Robert A. Rudzki is a former Fortune 500 Senior Vice President & Chief Procurement Officer, who is now President of Greybeard Advisors LLC, a leading provider of advisory services for procurement transformation, strategic sourcing, and supply chain management. Bob is also the author of several leading business books including the supply management best-seller "Straight to the Bottom Line®", its highly-endorsed sequel "Next Level Supply Management Excellence," and the leadership book "Beat the Odds: Avoid Corporate Death & Build a Resilient Enterprise." You can reach him through his firm's website: http://www.GreybeardAdvisors.com

Subscribe to Supply Chain Management Review magazine

Subscribe today. Don't miss out!
Get in-depth coverage from industry experts with proven techniques for
cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!

Recent Entries

In a client research brief, entitled: “Measuring Up: Why Cubic Feet Matter,” CBRE explained that large occupiers are more efficiently using warehouse and cubic space, which is resulting in increased building clearance heights, and has in turn, made measurement of cubic feet, or the “third dimension,” that much more important.

The advent of new carrier alliances and “big ship readiness” will determine which ports gain share and supply chain advantages. Meanwhile, managers must “hedge their bets” to mitigate risk and avoid reliance on a handful of key gateways.

The last decade has been a march towards globalization, but recent political and economic events have created a backlash and stirred the debate; globalization vs. protectionism

For the second survey in a row, leading North American 3PLs identified the consolidation wave as the most important industry trend.

According to Deloitte, the U.S. manufacturing sector is “woefully unprepared”for the cyber threats associated with new connected technology. In “Industry 4.0 and cyber risk: Security in an age of connected production,” one-third of all manufacturers sampled admitted to not having performed any cyber risk assessments of the industrial connected devices operating on factory floors.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2017 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA