Economic News, & Blog Updates

Realigning Your Supply Chain

Written by ITR Economics | Mar 11, 2025 2:49:56 PM

In today's rapidly changing geopolitical landscape, businesses must be agile and proactive in managing their supply chains. The upcoming summit segment, "Realigning Your Supply Chain,” is designed to equip attendees with the tools and insights needed to thrive in this environment.

One of the key topics covered in this segment is the importance of organizing your business's approach to supply chain management. By developing a clear call to action, businesses can effectively manage costs and reduce risks. This proactive strategy is essential in a volatile geopolitical climate, where uncertainties can impact supply chain stability.

Understanding Risks and Levers

Every business and industry faces unique challenges, and there is no one-size-fits-all solution. This presentation will delve into the nuances of navigating tariffs and other geopolitical risks. Attendees will learn the importance of staying current and compliant with detailed and technical regulations, requiring expertise and a deep understanding of their specific industry.

Driving Change Across Your Business

Execution is where many businesses falter. This session emphasizes the need for intentional change management and a dedicated team to drive timely changes. Attendees will gain insights into building a robust approach and understanding their industry, ensuring successful execution of their strategies.

The presentation will discuss various approaches and best practices for evaluating your supply chain in light of the new administration's policies. Attendees will learn how to organize their supply chain and logistics footprint based on the administration's rhetoric and actions, leveraging their organization's data to drive analytics and insights.

A key takeaway from this presentation will be the importance of delivering a call to action within your organization. Attendees will receive principles on proactively managing risk in their supply chain, best practices for leveraging data, and methodologies for implementing changes. The session will highlight the differences between strategic sourcing and transactional procurement, providing valuable insights for adapting to the changing environment.

By attending this session during the ITR Economics Summit, you will gain the knowledge and tools needed to navigate supply chain challenges effectively. Don't miss this opportunity to learn from industry experts and take back actionable insights to your organization. Join us at the summit and be prepared to drive change in your business!