Great Question: A Manufacturing Podcast

Managing Supply Chains in the Age of Tariffs (Production Pulse)

10 snips
May 1, 2025
Darrell Edwards, a supply chain professor and former COO at La-Z-Boy, and Ji Li, a supply chain advisor and ex-Boeing director, delve into the evolving dynamics of supply chains amid changing tariffs. They discuss how geopolitical tensions and COVID-19 have forced companies to diversify sourcing strategies. With a focus on collaboration, they stress the importance of transparency, scenario planning, and leveraging technology for effective risk management, all while rethinking supply chains in a shifting global landscape.
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INSIGHT

Supply Chain Diversification Trends

  • Large companies have been diversifying supply chains with China Plus One since before recent tariffs.
  • Smaller and medium companies struggle more and react tactically with inventory and shipment holds.
ADVICE

Diversify and Increase Visibility

  • Diversify suppliers across multiple geographies to avoid single sourcing risk.
  • Increase supply chain visibility using technology to enable faster, smarter decisions.
ADVICE

Supplier Development Fundamentals

  • Execute fundamentals of supplier development exceptionally well for success.
  • Use supplier scorecards and 360-degree surveys to detect vulnerabilities early.
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