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EP 208: What's the Port Strike Impact on Retail?
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Guests:
Jonathan Gold, Vice President, Supply Chain and Customs Policy, National Retail Federation.
Sonja Chapman, Associate Professor International Trade and Marketing at Fashion Institute of Technology.
What’s the aborted port strike impact on the retail industry? Although the strike may be over, the real battle could be beginning. Beyond the longshoremen’s passalong salary hikes, a sticking point with the union is protection against automation. They are threatened by technology that can help build a more productive and profitable business model at the expense of union jobs. Join Shelley, Jonathan and Sonja as they look at the post-port strike landscape and discuss how CEOs can stay afloat for the all-important holiday selling period and beyond. Retail businesses and brands should be prepared for the next round of challenges with forward-thinking strategies for supply chain solutions to anticipate port closures, cargo piracy, labor disputes, and weather disruptions like hurricanes.
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