Direct vs. Indirect Supplier Management: A Closer Look

Back in the day, when factories served as the templates for developing business processes, the distinction between direct and indirect procurement spending was pretty straightforward: direct spend was focused on the things that went into your product – raw materials, components, subcontracted manufacturing services, and so on. Indirect spend, which some have leeringly referred to…

High Tech Weighs Risks & Rewards of Moving Beyond China

Country-of-origin adjustments can help U.S. high-tech companies minimize geographical risks and mitigate the impact of tariffs. But the strategy can be costly, complicated and risky; and a decision that’s not easily undone. Tariffs are not going to just disappear, market experts say. Even with a delay on certain Chinese-import tariffs, the likelihood of a cease…

trade, tariff, mitigation, strategies

7 Strategies for Mitigating the Impact of Tariffs, Part 2

Editor’s note: This is the second of two articles focusing on strategies that mitigate the impact of tariffs on imported goods. Tax and business advisory firm KPMG identified seven successful tactics in its webinar TradeWatch: Section 301 Tariffs; What we’ve Learned in Year One. This article covers recommendations four through seven. The U.S.-China trade war…

‘Blockchain Fatigue’ Could Stall Supply-Chain Adoption

Supply chain leaders across the globe are talking about the promise of blockchain, but there have been few demonstrations of suitable use cases. OEMs are already tiring of blockchain, according to market research firm Gartner. At its recent Gartner Supply Chain Executive Conferences 2019, the firm predicted that by 2023, 90 percent of blockchain-based supply…