DOING BUSINESS BETTER. TOGETHER

How the Push for Greener Supply Chains Is Affecting Sourcing Strategies

10 Oct 2022 8:34 AM | Abbie Lunn (Administrator)

With all of the recent events disrupting global supply chains, the trade war between the U.S. and China might seem like old news. But it remains a concern for importers and exporters, and it’s likely to influence sourcing decisions in the months and years ahead.

The luster of China as a source of low-cost production has been progressively fading. It began happening well before the pandemic, when Chinese factory wages started to climb, and workers became harder to retain. Then came the imposition of import tariffs on Chinese-made imports by then-President Trump, which were kept in place by President Biden. Finally, COVID-19 led to a rolling series of factory shutdowns in China, starving retailers and distributors of product at a time when customer demand was surging.

Read more on SupplyChainBrain here.

Powered by Wild Apricot Membership Software