As 2024 concludes, procurement teams are reassessing their strategies amid supply chain challenges. Companies are exploring different sourcing approaches, such as forming strategic alliances or restructuring networks, while considering the impact of potential higher tariffs with a possible second Trump administration. The future of the de minimis exemption also poses questions for U.S. manufacturers. Additionally, sustainability efforts and achieving net-zero goals remain crucial. Supply Chain Dive consulted industry experts to analyze these pressing procurement issues throughout the year.

Source: https://www.supplychaindive.com/news/top-procurement-insights-of-2024-tariffs-suppliers/735314/