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Fast Company
08-07-2025
- Business
- Fast Company
Tariffs: What you need to know
According to Fictiv's 10th Annual State of Manufacturing & Supply Chain Report, 96% of manufacturing and supply chain leaders say trade policies, tariffs, and ongoing global conflicts are impacting their long-term strategy. Right now, companies are facing all of this and more. Everyone needs guidance. The complexity of trade laws and frequent changes in tariffs—especially those impacting aluminum, steel, and automobiles—have left many companies uncertain about how to proceed. In many cases, these are companies with limited infrastructure to manage trade logistics independently. There also tends to be a lack of experience navigating trade regulations, which often pushes these firms to seek outside expertise. Like many of you, I've had to research the tariff issue and relied on our in-house experts for guidance as well. In this article, I'll share some tactics to help you navigate and mitigate tariffs moving forward. But first, the basics. Tariffs aren't one-size-fits-all. Depending on what's being imported, where it's coming from, and the goals of trade policy, different kinds of tariffs come into play. For manufacturers, knowing the differences can have a big impact, whether you're sourcing parts globally or trying to forecast costs and risks. Ad Valorem Tariffs: These are the go-to format for many tariffs. Ad valorem tariffs are calculated as a percentage of a product's declared value. Specific Tariffs: Instead of being value-based, specific tariffs charge a flat fee per unit, whether that's by item count, weight, or volume. These tend to show up on bulk goods or raw materials and can especially impact low-cost imports. Compound Tariffs: As the name suggests, compound tariffs mix both percentage-based and per-unit charges. Some tariffs aren't tied to standard pricing models, but serve broader trade or policy objectives. These often emerge during trade disputes or to level the playing field. Reciprocal Tariffs: Imposed in direct response to tariffs placed on a country's own exports. Retaliatory Tariffs: Aimed at pressuring another country by hitting them with targeted tariffs in response to perceived trade violations. Universal Tariffs: A blanket tariff rate—say, 10%—applied to nearly all imports from a specific country or group. These are typically used for strategic or political reasons rather than product-specific concerns. In 2025, much of the news has focused on using tariffs as a tool to strengthen U.S. manufacturing. Despite the challenges tariffs introduce, I'm optimistic that in some cases, we're in the process of seeing a resurgence of U.S. manufacturing. I'm also aware that while the idea of reshoring manufacturing to the U.S. is gaining traction, the process to make that happen is both complex and time-consuming. You can't change a supply chain or rebuild domestic capabilities overnight—especially in terms of labor, education, and automation. Take raw materials like aluminum: The U.S. currently has limited domestic production capacity compared to global leaders like China. These supply constraints could shape future policy decisions, particularly as the government investigates the security of strategic minerals under Section 232. But overall, I'm bullish on U.S. manufacturing and optimistic about what we can accomplish in the next 3-5 years. SMART STRATEGIES FOR TARIFF MITIGATION Regardless of where you choose to source your goods, minimizing tariff impacts involves thoughtful coordination across multiple business functions: supply chain logistics, manufacturing operations, and trade compliance. Several proven strategies can help mitigate some of these pressures. Optimizing Product Classification: Precise classification using the harmonized system (HS) code can help avoid overpaying duties or facing delays. Participating In Tariff Rebate And Exemption Programs: Refund mechanisms such as duty drawback offer relief when imported components are later re-exported as part of finished goods. Strategic Sourcing Of Materials: Another path to tariff reduction lies in sourcing raw materials or parts from countries with low or no tariffs for the destination market. Where possible, substituting high-tariff materials (e.g., steel, aluminum) with alternatives such as composites or less regulated metals can lead to significant savings. Geographic Diversification Of Manufacturing Operations: Adjusting the geographic footprint of production can shield companies from trade-related risks. Nearshoring production to countries with trade advantages or distributing assembly across multiple regions can limit duty exposure and maintain operational flexibility. Tariff rates vary significantly based on material type. Natural materials like wood, cotton, or leather often face lower duties compared to synthetics. Some governments also promote the use of sustainable or recyclable materials by offering preferential tariffs. Conversely, inputs such as steel, aluminum, and plastics may carry higher tariffs due to anti-dumping or national security measures. Understanding country-of-origin rules is key. Materials from free trade agreement-aligned countries may qualify for lower rates, provided local content requirements are met. By understanding and applying a range of mitigation strategies—especially those linked to material selection, geographic sourcing, and regulatory programs—manufacturers can enhance their global competitiveness and protect margins amid a volatile trade environment. IT'S THE SUPPLY CHAIN AFTER ALL Now more than ever, it's critical to examine your supply chain strategy. Many manufacturers built their supply chains over decades under the assumption of stable, tariff-free trade in regions like Mexico and Canada. Those assumptions no longer hold. And reconfiguring those networks demands not only financial resources but also long-term planning. A new generation of manufacturing and supply chain solutions is emerging to meet these needs. Powered by artificial intelligence and supported by a global footprint of manufacturing centers, these solutions provide a comprehensive end-to-end approach to product development, from initial prototyping through full-scale production and final delivery. If you've already built a multi-country manufacturing network, you're in a good position to weather today's volatility. With a globally diverse, agile supply chain already built out, it's easier to pivot production between countries in response to changing trade policies. With tariffs not applied uniformly across countries, this agility has become a competitive advantage. In other words, there's incredible value in 'China plus two or more.'
Cision Canada
07-07-2025
- Business
- Cision Canada
Fictiv Receives Frost & Sullivan's 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition
Recognized for its innovative approach to global supply chain orchestration, delivering customer value and enabling sustainable growth potential across the custom mechanicals sector SAN ANTONIO, July 7, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that Fictiv, a global manufacturing and supply chain company, has received the 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition for its outstanding achievements in technology innovation, digital orchestration, and customer value creation. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Fictiv excelled in both, demonstrating its ability to align strategic initiatives with customer and market needs while executing with precision, agility, and global consistency. This recognition also highlights Fictiv's consistent leadership in delivering scalable, technology-enabled solutions that strengthen global manufacturing networks and advance supply chain resilience in a dynamic, digitally transforming industry. "A key differentiator for Fictiv is its team of experts across regions with local expertise, supplier oversight, quality assurance, and regional compliance—all in one seamless experience," says Sankara Narayanan, Industry Director at Frost & Sullivan. "Despite the shift towards digitization, the supply chain industry needs to rely on human capital, and Fictiv makes sure to back up its advanced technology with a highly experienced team of experts." Long-Term Growth & Innovation Guided by a long-term growth strategy anchored in digital infrastructure, supply chain optimization, and customer-centric innovation, Fictiv has demonstrated an exceptional ability to adapt and lead in a rapidly evolving landscape. The company's investment in integrated enterprise software, AI-driven automation, and strategic talent deployment has enabled it to scale across complex, globally distributed markets, ensuring fast, flexible, and transparent delivery of custom mechanical parts to enterprise customers. Innovation remains central to Fictiv's approach. Its digital platform orchestrates every aspect of the custom manufacturing supply chain—from design guidance to quoting and material sourcing to quality assurance, BOM support, and global fulfillment. Fictiv empowers innovators to move rapidly from prototyping to full-scale production while enhancing supply chain resilience and agility. This recognition also reflects the transformative impact of Fictiv's integration with the MISUMI Group, creating a unified global solution that represents the future of both custom and standard mechanicals. By combining Fictiv's advanced digital orchestration platform with MISUMI's unmatched catalog of configurable components, 22 manufacturing sites, 20 logistics centers, and 66 sales offices worldwide, the partnership delivers a seamless, single-source experience for sourcing mechanical parts at scale. With joint manufacturing hubs across India, Mexico, China, and the U.S., the combined solution enables faster product development, simplified logistics, and greater supply chain resilience. Together, Fictiv and MISUMI are redefining global supply chains—delivering the precision, speed, and flexibility today's innovators demand. "We're honored by this recognition and believe it's a testament to our commitment to simplify sourcing for our global customers," says Dave Evans, Fictiv Co-Founder and CEO. "It's an honor to work with today's greatest innovators who are building the next satellites, robotics, medical devices, clean energy solutions, and electric vehicles." Commitment to Customers Fictiv's unwavering commitment to customer experience further strengthens its leadership position in the market. The company delivers end-to-end transparency and control through real-time visibility while embedding regional support and engineering expertise at every stage. Its supply chain solutions address manufacturing planning, capacity constraints, and engineering-grade material availability, easing bottlenecks and accelerating time-to-market for complex mechanical components. Frost & Sullivan commends Fictiv for setting a high standard in competitive strategy, execution, and market responsiveness. The company's customer-first culture, enterprise-class program management, and robust innovation are transforming the future of the global supply chain for custom mechanicals—delivering measurable outcomes and enabling customers to scale innovation with confidence. Each year, Frost & Sullivan presents the Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in technology, customer satisfaction, and competitive positioning. It recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence. Frost & Sullivan Best Practices Recognitions honor companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact: E: [email protected] About Fictiv Fictiv, part of the MISUMI Group, is a global manufacturing and supply chain company that enables organizations to scale globally without the typical barriers of cost, complexity, and risk. By leveraging Fictiv's four global manufacturing centers in India, Mexico, China, and the U.S., companies can access high-quality production, optimize supply chain logistics, and mitigate supply chain risk—ensuring they can move from prototype to full-scale manufacturing with speed and confidence. To date, Fictiv has delivered more than 35 million commercial and prototype parts for early-stage companies and large enterprises alike, helping them innovate faster, free up precious resources, and drive profitable growth.
Yahoo
11-06-2025
- Business
- Yahoo
Fictiv Launches Large-Scale CNC Parts Manufacturing
Trusted global supply chain manufacturer now offers large-part CNC machining SAN FRANCISCO, June 11, 2025 /PRNewswire/ -- Fictiv, a global manufacturing and supply chain company, announced the launch of its Large Part CNC Machining Services, enabling production of custom CNC parts up to 34 feet long (5X larger than the competition) with industry-leading tolerances, fast turnaround times, and robust global supply chain support. With growing industry demand for large-scale precision components—especially in aerospace, robotics, industrial machinery, and energy generation—Fictiv's expanded capabilities offer unmatched scale, speed, and flexibility. This announcement marks another major step in Fictiv's mission to simplify sourcing and accelerate innovation for complex parts, assemblies, and programs worldwide. Fictiv's large CNC machining services include CNC milling, turning, jig boring, laser cladding, honing, grinding, and heat treatment. Our facilities are equipped with hoists, robotic tending, pallet systems, and gantry-style CMMs with up to 60-ton overhead crane capacity. Materials supported include aluminum, stainless steel, tool steel, carbon steel, copper, ABS, and Delrin. Fictiv's large-scale CNC machining capabilities include: Size & Scale: Custom CNC parts up to 10,500mm (34 ft) in length, manufactured and inspected per certified quality systems. Speed: Lead times as fast as 10 days (for select parts). Accuracy & Precision: Tolerances as tight as 0.007", with advanced inspection (Gantry CMM, 3D scanning, NDT). Certifications: ISO 9001:2015 QMS, AS9100D certified facilities, and compliance with ASME, ASTM, MIL, and AWS standards. Integrated Supply Chain: End-to-end logistics, global sourcing, hardware installation, and assembly. Velentium Medical is a leading contract design and manufacturing organization with a deep background and focus on medical device innovation and manufacturing. "With demand rising in our industry, we needed a partner that could handle large-scale precision parts without slowing us down," said Matt Hanks, CEO at Velentium Medical. "Fictiv's expanded CNC capabilities deliver the scale, speed, and flexibility we rely on to stay competitive in a fast-moving market." Industry Applications: Aerospace: Structural components, engine mounts, fuselage frames Robotics: Frames, arms, and end-of-arm tooling Heavy Equipment: Brackets, housings, booms, and support structures ClimateTech: Wind turbine hubs, energy storage frames Energy Generation: Subsea equipment, pipeline components "Our new large-format CNC capabilities, unlocks an entirely new category of parts for our customers," said Dave Evans, Co-Founder and CEO at Fictiv. "This allows engineers to move faster, build bigger, and manufacture with confidence—knowing every part meets exacting specifications." Fictiv combines global engineering expertise across four manufacturing centers in the U.S., Mexico, India, and China with its advanced supply chain platform to deliver end-to-end solutions, including design guidance, supplier selection, rapid prototyping, strategic sourcing, manufacturing planning, production, assembly, quality assurance, and logistics, allowing enterprises to seamlessly scale from prototype to full production. Fictiv is trusted by over 5,000 leading companies to deliver high-quality components with unmatched precision and reliability. For more information about Fictiv and its CNC machining solutions, visit About FictivFictiv is a global manufacturing and supply chain company that enables organizations to scale globally without the typical barriers of cost, complexity, and risk. By leveraging Fictiv's four global manufacturing centers in India, Mexico, China, and the U.S., companies can access high-quality production, optimize supply chain logistics, and mitigate supply chain risk—ensuring they can move from prototype to full-scale manufacturing with speed and confidence. To date, Fictiv has delivered more than 35 million commercial and prototype parts for early-stage companies and large enterprises alike, helping them innovate faster, free up precious resources, and drive profitable growth. Media Contacts:FictivJennifer Shambroom, 5WPRLexi GlicksmanFictiv@ View original content to download multimedia: SOURCE Fictiv
Yahoo
11-05-2025
- Business
- Yahoo
Borderlands Mexico: Businesses face supply chain hurdles amid Trump's tariffs
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Businesses face supply chain hurdles amid Trump's tariffs; Japanese auto parts maker announces $19M expansion in Mexico; Aerospace manufacturer opens $7M plant in Chihuahua City; and Radiant Logistics acquires Texas freight forwarder. Shippers trying to get goods into the U.S. are grappling with their logistics chains as President Donald Trump's tariff agenda has created uncertainty across manufacturing sectors, says Vinny Licata, head of logistics at Fictiv. Fictiv is a San Francisco-based global operation for custom manufacturing that has production facilities in the U.S, Mexico, India and China. 'There is a lot of uncertainty and a lot of people are not sure how to proceed,' Licata told FreightWaves in an interview. 'Everybody is looking for guidance. We're seeing these rates change. Then, all of a sudden you have a tariff for aluminum and steel, and then we're seeing IEEPA [International Emergency Economic Powers Act] tariffs, then tariffs on automobiles. … Clients are seeking not only the guidance of what tariffs do we have today, but how we navigate these tariffs.'Trump said his broad tariff policy is part of his America First economic agenda, which aims to bring more manufacturing back to the U.S. The administration launched its broad 'reciprocal' tariff plan for about 90 U.S. trade partners April 2, including a baseline 10% tariff on trade partners, as well as 25% tariffs on certain imported vehicles and auto parts. The U.S. also has 25% import duties on all foreign steel and aluminum. Trump has also used illegal immigration and drug trafficking as reasons to impose tariffs on trade partners such as China, Canada and Thursday, he announced a trade agreement with the United Kingdom that includes tariff exemptions for a number of imported U.K.-manufactured vehicles, as well as elimination of 25% tariffs currently imposed on British steel and aluminum exports. Licata said his company is seeing customers finding mistakes in their customs paperwork when trying to apply for tariff exemptions. 'We've been on calls with customers to try to understand, 'How do we best navigate this?'' Licata said. 'Sometimes they're getting their brokers who are even making mistakes on some of their imports. They're tariffing the Section 232 and IEEPA tariff. And really, in certain situations, maybe only one applies.' Fictiv has been hearing from customers across different sectors, from HVAC companies to businesses 'growing strawberries indoors,' Licata said. 'All these different companies, they have different needs; they're bringing products in from different areas,' he said. Most companies will be best served by remaining focused on longer-term supply chain resilience and agility, instead of just trying to reduce the tariff impact of individual shipments, he said. 'Don't focus on the tariff percentage. I know there's some really big percentages, but we're really trying to make sure we look at the total landed cost,' Licata said. 'Labor has an impact. The tariff rate has an impact. There's a lot of different things. We're telling customers to look at the network. There could be opportunities for us to try to mitigate some of that impact with some other ways inside of the network.' Officials at Fictiv also remain bullish on Mexico's growth as a trade partner with the was the top U.S. trade partner last year, totaling a record-breaking $840 billion in two-way commerce. For the first two months of 2025, Mexico has retained its No. 1 ranking, with cross-border trade totaling $138 billion. 'I know Mexico is kind of taking a wait-and-see approach with the [Trump] administration, which seems to be working better than some of the other aggressive tactics we've seen from other countries,' Licata said. 'I think Mexico for the rest of the year is not in a bad place. I think there's an opportunity to be able to manufacture there and be a viable option.' SK Tec said it plans to invest $19 million to expand its existing factory in the Mexican municipality of Irapuato. Libia Denise Ledo, governor of the Mexican state of Guanajuato, made the announcement on social media on Thursday. The facility's expansion will create 80 jobs producing auto parts for OEM clients such as Toyota, Nissan and Honda. The company did not provide a timeline for the opening of the facility. Japan-based SK Tec opened its factory in Irapuato in 2013, with investments totaling more than $320 million. The facility employs 1,700 workers. The Safran Group has opened its 12th plant in Chihuahua City, Mexico. The $7 million facility will create around 225 jobs and manufacture aerospace components, such as slides, evacuation rafts and other supplies, according to a news release. Paris-based Safran Group is one of the largest aerospace companies in the world, building airplane engines and manufacturing other airplane equipment. Safran is Mexico's largest aerospace employer, with 20 total factories employing more than 14,000 employees across the country. In addition to Chihuahua City, Safran has eight factories in Querataro. Radiant Logistics has acquired ocean and airfreight forwarder Universal Logistics Inc. Universal Logistics, based in Houston, specializes in time-sensitive domestic and international air and ocean freight for the oilfield services and HVAC industries. The company has been operating under the Airgroup brand since 2001. On closing, Universal will continue to operate under the Airgroup brand as it transitions to the Radiant brand. Universal's Houston's operations will combine with existing Radiant operations in the area. Terms of the transaction, announced Monday, were not Washington-based Radiant Logistics (NYSE: RLGT) is a third-party logistics provider in the U.S. and Canada. The post Borderlands Mexico: Businesses face supply chain hurdles amid Trump's tariffs appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
30-04-2025
- Business
- Forbes
What Is The State Of Manufacturing & Supply Chain In 2025?
Fictiv's 2025 State of Manufacturing & Supply Chain Report This month, I'm excited to share the results of Fictiv's 10th Annual State of Manufacturing & Supply Chain Report. Every year, we survey hundreds of supply chain and manufacturing leaders across multiple industries to understand their perspectives, challenges, and predictions for 2025. I'm especially excited to dive into the broader supply chain results, particularly in a year marked by massive tariff and trade disruptions. Our first findings concern business uncertainty. With the shift in the U.S. President's trade policies, almost 100% say they're concerned that trade wars are likely to escalate in the next few years (clearly demonstrated by widespread global tariffs). Key Findings 96% of manufacturing leaders report they're concerned about the impact of the U.S. President's trade policies. 93% believe trade wars will likely escalate in the next few years, whereas 42% are now 'very concerned' —a 6-point increase over 2024. 91% note that global tensions are being considered in their company's long-term supply chain strategy—a 5-point increase over 2024. Growing global business uncertainty Looking at this chart, it's clear senior leaders are concerned about tariffs, particularly the impacts on costs and profitability, as well as global business. As a result, many are planning to increase manufacturing in the U.S. The next key finding is around accelerating supply chain disruptions. Across the board, executives are saying they need to accelerate how they manage their supply chain. Two-thirds or 68% said that onshoring is a key priority this year for their teams. Key Findings 68% of leaders prioritize onshoring as a key supply chain strategy in 2025, especially in industries needing complex parts at scale, like MedTech, clean energy, and EVs. 77% report a lack of resources (e.g., workforce, budget) severely limits their ability to manage their supply chains effectively (an increase over 2024). 52% of manufacturing leaders identify supplier quality, reliability, and compliance as significant challenges. Accelerating supply chain disruptions On the flip side, three-quarters, or 77%, say they lack the resources to effectively manage their supply chain as it is today. This is difficult given that leaders also say they want to onshore their supply chain. If supply chain resources are already limited, moving back to the U.S. will be a challenge. 50% are also saying that quality and reliability are significant challenges. Some are running well-performing supply chains, while another half are running inadequate supply chains. Our third major finding is around scaling production. In my opinion, this has been the most difficult it's ever been. What you see here is 91% say they're facing barriers to innovation. In other words, they're struggling to find high-quality supply chain partners to do low-volume builds. Key Findings 91% of manufacturing and supply chain leaders face barriers to product innovation and introduction, with nearly half struggling to source fast, high-quality solutions for low-volume builds. 86% report sourcing parts and materials takes time away from initiatives like new product innovation and introduction, making it increasingly difficult to move into and scale production. 90% of leaders consistently report that digital manufacturing platforms are an essential service for production (up from 86% in 2024). Scaling production more difficult than ever Secondly, almost 90% are saying that all the work required to source parts is taking away from innovation. In other words, you're launching a new product, and sourcing has become the bottleneck, the long pole on the tent. This makes driving innovation to build electric vehicles, rockets, and surgical equipment incredibly difficult—stalling the innovations of tomorrow. In the 10 years we've been doing this report, we've consistently seen this trend. Executives are looking to digitize supply chains. This continues to be a key focus area and it's even up from the 86% that we saw last year. So my takeaway is that for teams that are scaling new products, and moving into production, you have to think about this as another phase of development. You have development that happens by building prototype one. Getting it in the market is the next and most difficult step. Key Findings 95% report weather and extreme climate events are impacting their supply chain strategy in 2025. 91% now have sustainability initiatives and governance in place to help drive sustainability goals. 52% believe nearshoring and onshoring strategies are critical to supporting sustainability efforts. Sustainability takes hold The fourth finding centers around sustainability. This continues to be a major focus for our audience. As we know at the macro level, we've seen massive fires in California, floods and tsunamis globally, and hurricanes. These weather and extreme climate events are impacting supply chains around the world, and no industry is protected. It's heartening to see that 91% now have sustainability initiatives and some type of governance in place, an increase from previous years. ESG has been a clear focus area for many executives and supply chain teams. However, this year, with 91% saying they have actual governance in place to do a triple bottom line, that's really encouraging to me. We're seeing sustainability as a large driver and metric for consideration in supply chains. And lastly, nearshoring and onshoring are critical to supporting sustainability efforts. So nearshoring might not necessarily be a pure climate or sustainability play. There are other factors like economics, and geopolitical factors in play here. We thought this was an interesting takeaway. It's not just about reducing the carbon emissions by being closer to your customer, there are multiple considerations when nearshoring but excited to see this continue to be top of mind in our 10th Annual State of Manufacturing and Supply Chain Report. And you can't have a report on the state of manufacturing in 2025 without AI. AI is the top trend shaping their long-term strategy, whether it's the latest, greatest LLMs or looking at augmenting human tasks, AI is at the forefront of our customers' minds. Key Findings 87% of leaders report advanced levels of maturity with their company's AI implementations. 94% use AI for manufacturing and supply chain operations, such as inventory management and product design. 56% of Manufacturing and supply chain leaders identify AI as the leading trend shaping their long-term strategy, with economic headwinds following at 53%. AI advances Also, 87% report advanced levels of maturity in implementing AI. Almost 100% say their teams are getting better at using it for day-to-day tasks. I personally use it every single day, and I encourage all of our employees, partners, and customers to look at the ways that AI can help bring efficiencies to their work. 94% are saying that AI for manufacturing and supply chain operations is their main implementation, whether it's inventory management, product design, research, or supplier development. One of the best implementations that I saw was all around SCARS, so Corrective Action Reports and using it to help automate the process of managing supply chains. There are a lot of great applications and agentic products out there, and I would really encourage you to look at this to streamline your operations. If you don't do it, your competition will. I think that while AI is here and will cause a lot of disruption, I think there are multiple factors to consider. So make sure you're figuring out how to implement it, implement it well, and use it daily, but it's not necessarily the silver bullet to solve all supply chain challenges. Here are a few useful takeaways from the report for your consideration: To download the full report, please go here. You can also watch an in-depth webinar discussion with Fictiv's General Managers of China, India, Mexico, and the U.S.
