Giant Manufacturing Co. saw the writing on the wall early on. The world’s biggest bicycle maker started moving production of U.S.-bound orders out of its China facilities as soon as it heard Trump threaten tariff action in September.
Both foreign and domestic companies are pivoting production away from China amid Trump’s efforts to reset the parameters for global trade and manufacturing.
Airbus is considering bringing the world’s first hybrid-electric airliner to market — a move that would mark a technological leap for the aerospace industry.
While Google’s hardware production in China pales in comparison to the likes of Apple, its shift may herald a broader trend as tensions between Beijing and Washington escalate.
When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are.