Trade representatives of Canada, Mexico and the United States completed another five days of NAFTA re-negotiation talks this week which were hosted by Mexico. After this fifth round, the overall mood of these talks remains far less optimistic for a successful overall outcome.
Global trade trends
We advise members of Accenture Academy that Supply Chain Matters Founder and Executive Editor Bob Ferrari will be delivering an upcoming trendTalk web seminar fittingly titled: Managing Supply Chain in a Volatile Geopolitical Era. This exclusive trendTalk is scheduled for September 20 at 10 am Eastern time.
The importance and implications of existing or future supply chain management sourcing strategies continue to be brought to light. Geo-political forces surrounding global trade are likely to occupy the attention of many industry supply chain teams, all of whom must be prepared to deal with near or longer-term implications.
This week’s World Container Index from Drewry Advisors is further reinforcing data on double-digit ocean container rate hikes and shifting capacity strategies. Industry supply chains are likely feeling the pressure and so are global regulators.