International sourcing and its impact on U.S. companies
Maintaining a flexible and adaptable supply chain can be tricky as businesses are continuously challenged by volatile fuel prices, shrinking product demand, and delays in customs. But, with the proper balancing act in place, companies can reap the rewards of low cost capabilities, enhanced production capacity and increase access to technology and equipment.
In a recent Grant Thornton webcast, Wally Gruenes, national managing partner of our Consumer and Industrial Products practice and Tim Dumond, principal of our Corporate Advisory and Restructuring Services practice reviewed the findings from a survey conducted in partnership with World Trade magazine. The survey examined the sourcing decisions of U.S. manufacturers and their implications.
The topics covered include:
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Current sourcing trends and supply chain pressures
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Identifying financially distressed suppliers, and
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Mitigating supply chain risks.
This audio podcast features excerpts from the webcast. After an introduction and review of the important survey findings by Wally Gruenes, Tim Dumond reviews recent trends and supply chain challenges; provides practical tips for spotting a financially distressed supplier; and offers overall recommendations for mitigating supply chain risks.
Download the podcast.
This program features excerpts from Grant Thornton’s webcast, "International sourcing: What you need to know about recent trends." View a replay of the webcast in its entirety or download the survey report.