Mexico's New Economic Plan Winners and Losers

Mexico’s New Economic Plan: Winners and Losers

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As await the confirmation of President Trums new tariff plan Mexico outlined their ambitions for economic growth, global sourcing and trade tariff structure. 

Mexican President Claudia Sheinbaum unveiled the ambitious Mexico plan , aiming to propel Mexico into the ranks of the world’s top 10 economies. This comprehensive strategy includes several key measures that will have significant global implications, particularly for China. 

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Procurement Reflecting on 2024

Reflecting on 2024: A Year of Strategic Adaptation in Global Sourcing and Procurement

Reflecting on 2024

As we bid farewell to 2024, it’s essential to reflect on the dynamic landscape of global sourcing and procurement. This year has been marked by significant shifts driven by geopolitical tensions, technological advances, sustainability imperatives, demographic changes, and economic recovery. Understanding these drivers of change and their implications will be crucial for navigating the complexities of global trade in the coming years. 

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De-Risk Your Global Supply Chain with Turkiye

De-Risk Your Global Supply Chain with Turkiye: A Strategic Solution

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As we face into what looks like being another year of complexity and turmoil in global trade and strategic sourcing, there are some countries that warrant rapid and in-depth exploration as part of global sourcing and procurement strategies. In machinery and industrial products where traditionally offshore supply routes may have looked to China the opportunity that is developing in Türkiye cannot be ignored. 

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Vietnam’s Competitive Edge in Global Supply Chain

Navigating Global Supply Chain: Vietnam’s Competitive Edge

Vietnam’s Competitive Edge in Global Supply Chain

In today’s competitive landscape, global sourcing strategies can offer companies huge benefits. Defending or driving margin up and creating competitive advantage v your competitive set. The global trade landscape is looking more challenging to navigate in the approaching years. As Protectionism, Tariffs and Geo-politics loom large over the previously smooth waters of Global Trading.  

Sourcing and Procurement teams will be actively scenario planning to build a Sourcing Strategy for the future either to begin Global Sourcing to boost competitiveness or to mitigate potential cost impacts into their existing supply chain. 

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