Could NAFTA Change Global Sourcing Forever?

Posted by Joseph Gabro

I hope you got your holiday shopping done early this year, because prices could be rising soon! With the North American Free Trade Agreement (NAFTA) going through rounds of negotiations, global trade professionals can only watch and wait to see what happens. The threat of a NAFTA withdrawal is real and could have revolutionary consequences - disrupting supply chains that link their domestic imports and manufacturing operations with suppliers in Canada and Mexico. Are we going back in time to the days where we strictly manufactured and sourced goods locally? What exactly would the consequences be? Could the new NAFTA change global sourcing forever?

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Topics: Global Sourcing, Supplier Management, Sourcing Optimization, Product Management