Imagine waking up tomorrow to every item you purchase increasing in cost by 25%. That cup of coffee is instantly $5 instead of $4. Rent now shoots up from $2000 to $2500. Yet when you look at your paycheck, you see the same number you saw the week before. Instant disruption is now causing you to scramble to make ends meet.
This is what many supply chains are experiencing in the midst of elevated tariffs. At LeanCor, we've been receiving inquiries from supply chain leaders looking for ways to extract these costs from other areas of the supply chain to make up for them.Continue Reading →