[Video] Geopolitics will affect supply chains in 2016

by Maureen Perroni, on January 27, 2016

globalAs businesses grow their global supply chains, they have to focus on maintaining efficiency in the face of increased complexity. This year, global politics will pose an additional challenge.

A number of participating countries — including the U.S. — are expected to consider ratifying the Trans-Pacific Partnership this year. The trade agreement will reduce tariffs and other barriers to trade across the Asia-Pacific region. However, China, one of the region's largest economies, will not participate.

Businesses that operate supply chains in the Asia-Pacific will have choices to make as lines are drawn between countries that join the Trans-Pacific Partnership and those that do not. Geopolitical pressure will play a major role in how they organize production and distribution. As labeling is a mission-critical factor for moving products through supply chains, they will rely on Enterprise Labeling Solutions to improve efficiency and reliability.

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