Manufacturing Risk Advisor
Technology has helped create more efficient product life cycles, supply chains and custom processes, but Amazon’s impact may be pushing manufacturers even more.
Consumers are starting to demand faster and easier buying experiences, and many businesses are beginning to mirror Amazon’s practices. Here are some findings from Salesforce research that show the company’s ripple effect:
According to experts, the best way for manufacturers to adapt is to create value beyond delivering a product and to pay attention to what their customers are saying.
Officials from the United States, Mexico and Canada recently agreed to update the North American Free Trade Agreement (NAFTA). The Trump administration frequently criticized NAFTA for giving Canada and Mexico unfair trade advantages and failing to support U.S. industries—and manufacturing in particular.
The new deal, referred to as the United States-Mexico-Canada Agreement (USMCA), includes new provisions to support North American businesses, update intellectual property (IP) protections and increase workplace safety.
Here are some key changes in the USMCA that will likely affect manufacturers: