While Optimistic About the Possibilities, Manufacturers Could Be More Prepared for Potential Trade Policy, Tax Reform and Regulatory Changes
U.S. manufacturing leaders are optimistic about a shift toward more business-friendly policy making. As a group, they anticipate a 1.8% increase in profits and a 1.6% revenue gain from proposed tax, regulatory or trade policy changes. That’s according to the 2017 Aberdeen Global Supply Chain Readiness Research Study, underwritten by TBM Consulting Group.
Our mission at TBM is to share a deeper understanding of global manufacturers’ strategic business challenges to help operations and supply chain leaders achieve growth and profitability objectives. We want to show how operational managers can help companies survive downturns, support growth, and create a competitive advantage.
The purpose of this research project was to investigate the potential impact of impending governmental trade policy, tax reform and regulatory changes on manufacturing companies, and find out how prepared they are for whatever could happen. There’s significant room for improvement.