Staying Ahead (At Least Nimble) under Uncertain Macroeconomics

This guidance on identifying macroeconomic forces shaping your business will improve your insight into economic drivers emerging from federal policy shifts. You’ll consider their importance to forecasting and setting strategy for the foreseeable future. What you take from this webinar will help prepare your team for anticipated cost increases so you can eventually lay the groundwork for improving processes to mitigate negative effects while maintaining product and service quality.

Although each macroeconomic force may affect each laundry operator or supplier business differently, all can follow the same cornerstone mitigation disciplines and principles. Your choice of strategy and tactics hinges on recognizing the policy shifts’ underpinnings so you can reposition your business as needed to shoulder the shifts’ impacts and thrive.

Shifts widely viewed as most likely to drive the strongest macroeconomic impacts:

• Tariff implementation
• Immigration reform and control
• Geopolitical strife
• Domestic energy production
• Regulatory changes and taxation

Impacts likely to result from these shifts:

• Greater inflation risk
• Higher financing costs
• Increased domestic workforce investment
• Variable access to nations
• Rollback of electric vehicle mandates
• Accelerated equipment depreciation

Learn the four cornerstones of a robust strategy to mitigate economic and operational volatility:

• Supply chain visibility
• Scenario planning
• Strategic financial analysis
• Technology and data analytics

 

Sponsored by the Supplier Partner Council

The Supplier Partner Council (SPC) acknowledges the importance of supplier partners’ expertise to the linen, uniform, and facility services industry. Valued and important to the association’s success, they voice their input in TRSA direction and strategy through the Council.