Guest: Lisa Anderson of LMA Consulting on how the One Big Beautiful Bill may help manufacturers; A new transcontinental railroad; Preparing for weather extremes
Lisa Anderson, founder of LMA Consulting Group, shares her expertise on the implications of the recently passed One Big Beautiful Bill, which aims to boost domestic manufacturing and supply chains. She discusses how this legislation encourages business investment and the challenges posed by current trade dynamics. Additionally, the talk highlights the controversial $85 billion merger proposal between Union Pacific and Norfolk Southern for a transcontinental freight railway. Lastly, Anderson emphasizes the increasing risks of severe weather events and their impact on supply chain strategies.
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Manufacturing Benefits in New Bill
The One Big Beautiful Bill permanently lowers the business tax rate to 21%, enhancing competitiveness.
It also incentivizes investment through R&D expensing and 100% bonus depreciation for new assets.
volunteer_activism ADVICE
Act Quickly on Bill Incentives
Manufacturers should immediately consider investments to boost growth and productivity under the bill.
They can also utilize interest deductibility and benefit from no taxes on overtime to attract talent.
insights INSIGHT
Automation and Skilled Labor Mix
The future manufacturing landscape will blend automation with skilled labor due to retiring baby boomers and tech advances.
Smart factories and digitized supply chains are essential to scale production efficiently.
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Our guest on this week's episode is Lisa Anderson, founder and president of LMA Consulting Group. The One Big Beautiful Bill is now the law of the land. Among the provisions in this expansive legislation are incentives to encourage business investment. But, how will the bill affect our supply chains and will it provide support to grow domestic manufacturing? Our guest offers some insights.
Two of the nation’s major railroads are attempting to create the country’s first coast-to-coast freight railway. On Tuesday, Union Pacific said it had made an offer to acquire Norfolk Southern in an $85 billion cash and stock deal. The acquisition would connect more than 50,000 route miles across 43 states, linking about 100 ports and reaching nearly every corner of North America. Will such a deal be approved, as many industry groups are speaking out against the proposed merger.
Chief procurement officers have a lot to worry about these days with all of the trade turmoil around the world, but now add another worry to their plates - the risk of extreme weather events. There have always been hurricanes and typhoons, but in recent years the severity of some of those events has gotten worse, with examples in the US of violent floods and fast spreading wildfires. The consulting firm Proxima has issued a report that identifies the five nations that are most vulnerable to extreme weather and climate sourcing risks. We share the list.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. A new series has just started on Top Threats to our Supply Chains. It covers topics including Geopolitical Risks, Economic Instability, Cybersecurity Risks, Threats to energy and electric grids; Supplier Risks, and Transportation Disruptions Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
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