In this insightful episode of Supply Chain Deepdive, titled "Global Sourcing in Flux: Strategies for 2025," hosts Michael Jung and Jess Williams delve into the TradeBeyond 2025 Retail Sourcing Report. This episode unpacks the complexities of the global sourcing landscape, shaped by rising trade tensions and economic uncertainties. The hosts explore strategic approaches detailed in the report for retailers and brands to adapt and thrive, including cost optimization, AI integration, expansion of sourcing networks, and strengthening supplier relationships. The discussion also covers regional economic outlooks, with insights into GDP growth, inflation, and manufacturing trends across North America, Europe, Asia, and Africa. Additionally, the episode examines the impacts of fluctuating container freight rates, currency valuations, and commodity prices, offering strategies for building more resilient supply chains. Emphasizing the crucial role of diversification and proactive cost management, this episode provides actionable insights for navigating the unpredictable waters of global trade.
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