New tariffs are forcing suppliers and producers to rethink their global supply chains, according to GlobalData's latest report. Companies are stockpiling inventory in the short term to avoid initial tariff hikes, with larger inventories becoming standard practice.
Looking ahead, suppliers face pressure to localize production and reduce reliance on global trade routes. The report predicts a five-year shift toward domestic manufacturing as trade restrictions incentivize supply chain reconfiguration. Automation emerges as a key solution, helping offset rising labor costs and tariff burdens.
For beverage suppliers, this means many will be evaluating alternative manufacturing locations and investing in robust supply chain management systems to navigate the changing trade landscape.