Aug. 6 Webinar: Your Strategy for Tariffs, More U.S. Policy Shifts

Fast-moving shifts in international trade relations (especially tariff implementation) and other federal policy ambiguities that complicate business planning will be the subject of an Aug. 6 TRSA webinar. “Staying Ahead (or at Least Nimble) Amid Macroeconomic Uncertainty” will improve your insight into economic drivers emerging from these shifts. Such better understanding is a key first step in laying the groundwork for improving processes to mitigate negative effects while maintaining product and service quality.

With emerging policy reflecting the U.S. government’s willingness to risk economic recession to rebalance the global trade system, cost increases to consumers and businesses are widely anticipated. Your organization’s 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.

Although each macroeconomic force may affect each laundry operator or supplier business differently, all can follow the same cornerstone mitigation disciplines and principles. The webinar will propose you build the foundation of your mitigation strategy on four key disciplines:

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

Rick Ponthan, R. Ponthan & Associates LLC, will present the webinar. He has 40 years’ experience in the industry, having worked in uniform rental and direct sale (AmeriPride Services, Vestis Corp., Alsco Uniforms) and Western hemisphere apparel manufacturing (Workwear Outfitters).

Register here for the 1 p.m. Aug. 6 webinar, free to TRSA members, available to nonmembers. Sponsored by the Supplier Partner Council, the presentation will benefit both laundry operators and suppliers.