In looking at the Amazon Effect as a metaphor, manufacturers and distributors must respond to elevated customer expectations, rapid delivery requests, 24/7 service, and much more.
In the last week, not only have there been several articles about the positive strides manufacturing is making but it also has come up in several presentations we've attended such as the economic forecast. Here is a compilation of just a few of the HOT topics and trends.
Have you checked in with your supply chain lately? Will they be geared up to support you or have you ignored them and don't know what might happen as production ramps up in the U.S.?
Factories across the globe are showing signs of strain in keeping up with demand. China, Germany, France, Canada, the UK and the US all show that capacity might not be keeping up with supply.
There has certainly been a lot of conversation about the potential tax law changes! Michael Kouyoumdjian, managing shareholder of RP&B CPAs did a great job of going through the potential changes and impacts in a discussion with trusted advisers to manufacturers and distributors.