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Maine Pointe In The News

Maine Pointe's Steve Bowen Weighs in on 10% China tariffs and the Supply Chain Scramble


Originally posted in Supply Chain Dive

As a result of the increasingly unpredictable trade war between the US and China, companies need to look at their supply chain strategies closely and re-think their reliance on China. Building in a higher level of optionality and de-risking is the first order of business as companies decide how they must react to this news

Topics: Total Value Optimization Tariffs Maine Pointe TVO china supply chain risk optionality risk mitigation global uncertainty

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

The Construction Industry's Impending Crisis and Opportunities for Growth

 Originally published in Construction Executive magazine

Tariffs, materials costs and the skilled labor shortage are combining to change the construction landscape. In his latest article for Construction Executive, Grant Cunningham says if executives are prepared for these new realities, it is still possible to achieve consistent growth.

Topics: Total Value Optimization Tariffs Maine Pointe construction industry end to end supply chain project management construction executives grant cunningham

TD Ameritrade Network’s "Morning Trade Live" features Maine Pointe CEO, Steve Bowen

Steve Bowen made his sixth appearance on TD Ameritrade’s “Morning Trade Live” show, giving us some guidance and insight into the progress being made on the US/China trade talks and what to look for in global supply chains over the coming months. 

 

Topics: Total Value Optimization global supply chain Tariffs Trade Steven Bowen manufacturing supply chain trade war

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

Project Management Demands Increase in Today’s Volatile Construction Market

 Originally published in Construction Executive magazine

Is project management up to today’s challenges in the construction industry? Grant Cunningham’s article in Construction Executive magazine examines big changes in the industry and lays out the need for a scorecard to evaluate quality and the application of Total Value Optimization to project management. Doing so will overcome these significant challenges and drive an increase in profits.

Topics: Total Value Optimization Tariffs Maine Pointe construction industry project management construction executives

Maine Pointe CEO Steve Bowen Joins TD Ameritrade Network’s "Morning Trade Live"

Maine Pointe CEO Steve Bowen made his fifth appearance on TD Ameritrade Network’s "Morning Trade Live" show, delivering insights into the current tariff situation and potential for another government shutdown. While it's difficult to predict, Steve said there is a spectrum of possibilities between "no deal" and free trade, with the likely outcome being somewhere in between.

Topics: Total Value Optimization global supply chain Tariffs Trade Steven Bowen manufacturing supply chain trade war

Trump, Xi won't meet before March 1 tariff deadline

With the pending March 1 deadline of the trade war "truce" between the US and China, Maine Pointe CEO Steve Bowen said that some companies have made the mistake of backing off of their contingency planning, but preparation is essential . 

Originally Published in Supply Chain Dive

 

Trade discussions between the U.S. and China are far from over. Several rounds have taken place since Trump and Xi agreed to a 90-day halt on tariff increases last year at the G-20 summit, and additional discussions are scheduled for next week.

Topics: Total Value Optimization global supply chain Tariffs end to end supply chain integration Maine Pointe Steve Bowen end to end supply chain

Maine Pointe Cited in Article "The Volatile Global Economy Demands End-to-End Cooperation"

There are opportunities hidden in the current trade uncertainties, economic populism and trade wars. In Kate Vitasek's column for SupplyChainBrain, she notes now is the time for supply chain optimization. Maine Pointe CEO Steve Bowen notes one of the most important factors in this environment is establishing a level of trust – a big challenge given that tariffs, according to Steve, are not conducive to cooperation. To achieve that level of cooperation, Kate suggests supply chain partners have to move away from their traditional transaction-based model that focuses on cost savings, to a model focusing on value creation instead.  

Originally Published in Supply Chain Brain

In the current climate of “economic populism,” tit-for-tat tariffs and the uncertainties surrounding Brexit, which can instigate trade wars and the disruption of global trade deals in Europe and the Pacific rim, buyers, sellers and their supply chains have an opportunity to step up and cope with major challenges through cooperation, transparency and flexibility.

Topics: Total Value Optimization global supply chain Tariffs end to end supply chain integration Maine Pointe Steve Bowen end to end supply chain

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