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Maine Pointe In The News

Maine Pointe's Steve Bowen Cited in "Trade War Escalates: China, US to Raise Tariffs"

Originally published in Supply Chain Dive

Maine Pointe CEO Steve Bowen says many companies had hoped for a better agreement, and some US companies without optionality will be left with few supply chain alternatives, noting that a supply chain shift for a global company may be a years-long process. 


Topics: Total Value Optimization Tariffs supply chain optimization Maine Pointe supply chain global trade supply chain risk global sourcing optionality

Barron's Features Maine Pointe CEO Steve Bowen in "How Investors Should Navigate Globalization’s Decline"

In this article, the authors discuss the realignment of global trade and the reversal of free trade, as globalization is overtaken by populism and protectionism. As a result of this trend, US companies are modifying their supply chains, and according to a Bain & Co. survey, 60 percent of executives doing business in China felt that the trade war has given them an opportunity to re-think their strategies.

Maine Pointe CEO Steve Bowen was quoted noting how these new realities are changing how companies look at their total supply chain. Steve notes that companies are finding new suppliers, offering an example of one manufacturer which uses steel products from China, but is now looking for a European supplier. Still, companies that rely on sophisticated and high-tech manufacturing may find it difficult to move production to other countries, regardless of tariffs.

Topics: Total Value Optimization Tariffs Maine Pointe end to end supply chain global trade globalization china

Tony Planos Discusses How China’s Growth and Trade Wars Impact the U.S. Energy Sector

How will new tariffs and the ongoing trade war with China impact the U.S. oil & gas industry? Maine Pointe's Oil & Gas Industry Partner Tony Planos shares his insights on this topic. Tony is quoted throughout the article, predicting 30 years of growth in demand, even with factors that include China's push towards renewables, and steel tariffs impacting drilling and pipeline costs. This article offers insights into China's future goal of reaching GDP per capita parity with the US and OECD by 2050.

Originally Published in International Policy Digest

The North American oil and gas industry, despite numerous challenges, has a bright future for the next 30 years, although several mitigating factors need to be addressed to meet growth targets. While tariffs, trade wars, and China’s energy policy both present major considerations that must be dealt with, other factors include an eroding skill set, a push towards renewables and alternative energy, a need to adapt refineries to meet new decarbonization and desulfurization policies, and increased demand from the developing world.

Topics: Oil & Gas Total Value Optimization Steel & Aluminum Tariffs Tariffs Maine Pointe global trade Tony Planos gas pipelines oil piplines

CEOs Focusing On Supply Chain Optimization In 2019

 

Maine Pointe CEO Steve Bowen offers insights and predictions on how CEOs will look at supply chain optimization in 2019, and what challenges manufacturers will see – including trade and tariff uncertainties, rising health care costs, transportation shortages and an unpredictable global climate. Steve notes that the coming changes aren't all negative though, and a move towards Internet of Things and Industry 4.0 will deliver new dynamics and greater visibility, and those CEOs who are willing to put new practices and Total Value Optimization into place will be the ones to survive these disruptions and experience lasting growth.

Topics: Total Value Optimization global supply chain manufacturing supply chain optimization end to end supply chain integration Maine Pointe operations strategy Steve Bowen Steven Bowen Maine Pointe Industry 4.0 end to end supply chain global trade Internet of Things