Now that the US Democratic party seems settled on Barack Obama as its presumptive candidate, and the Republicans have John McCain slotted to oppose him, its time to start to evaluate what their individual political policies may mean for the logistics and supply chain industry.
Ben Gordon of BG Strategic Advisors wrote an excellent piece for Logistics Management Magazine that highlights four strategic issues where political differences may cost your logistics firm some serious cash.
These initiatives involve ease of union organizing, cargo inspection, free trade and taxes. Suffice it to say, supply chain operations in the US will likely be more expensive next year.
It's depressing really. All the more reason to do your homework now. These issues will impact jobs, corporate profitability and the serious need to get the US economy moving again.
This year we face a highly uncertain Presidential election. What are the implications of the 2008 elections for the supply chain sector? Here’s where each candidate stands on the hottest issues that could affect logistics and supply chain managers.
By Benjamin Gordon, BG Strategic Advisors -- Logistics Management, 4/29/2008 12:05:00 PM
"'In this world nothing can be said to be certain, except death and taxes." Benjamin Franklin’s observation is as true today as it was in 1789. In 2008, we face a highly uncertain Presidential election. Senators Barack Obama (D-IL), Hillary Clinton (D-NY), and John McCain (R-AZ) represent dramatically different scenarios for the logistics sector. What are the implications of the 2008 elections for the supply chain sector, how can you prepare, and what opportunities should you pursue?
As the elections approach, here are a few topics that you should watch closely as you seek to position your business for success:
- Card check: the new unionization drive
- 100% inspection: cargo screening and the growing cost of compliance
- Free trade frozen: threats to NAFTA
- The taxman cometh: the likelihood of tax hikes
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