6 Short-Term Strategies for Doing Business in a Trade War
Briefly

The trade war has created significant disruptions for businesses involved in global supply chains, making it difficult to devise medium-term strategies. To understand the situation better, interviews were conducted with supply chain leaders across diverse manufacturers and retailers. These discussions highlighted the various strategies companies employ to navigate challenges, especially in terms of maintaining employee morale. The insights reveal a predominant shift towards short-term solutions to mitigate adverse effects on operations and workforce engagement amidst ongoing uncertainty.
Companies are struggling to develop medium-term strategies due to the chaos resulting from the trade war, focusing instead on short-term solutions for operations.
Leaders from various manufacturers and retailers shared insights on immediate steps being taken to protect employee morale amid supply chain disruptions.
Insights from supply chain leaders pinpoint adaptive measures that organizations are implementing in response to global supply challenges, emphasizing short-term adaptability.
The ongoing trade war has compelled firms to rethink their supply chains and prioritize immediate tactics over longer-term strategies.
Read at Harvard Business Review
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