Afternoon Coffee: APICS Launches Executive Forum Events, Mexico Talks Tough on NAFTA

APICS announced Tuesday a collaboration with PwC to present APICS Executive Forums, a series of one-day events that bring together executive-level supply chain professionals to foster in-depth discussions on the industry’s most critical topics. The first event will take place on Tuesday, March 7, in Chicago. Topics will include enterprise-level best practices in digital operations, supply chain talent development and supply chain risk management.

Mexico Stands its Ground

Mexico’s top trade negotiator warned U.S. officials that his country would walk away from discussions on the North American Free Trade Agreement (NAFTA) if the U.S. insists on applying duties or quotas on products made south of the border, IndustryWeek reports. While Mexico isn’t looking to scrap NAFTA, the country’s officials have also stated that they’re looking at alternative trade strategies for the scenario.

Blockchain Market Forecast

The global blockchain technology market is projected to grow to $1.7 billion by 2021, at a CAGR of more than 55%, according to a report by Technavio. The supply chain segment of the blockchain market is projected to be worth $337.24 million by 2021, with smart contracts and solutions adding transparency to logistics processes leading the way.

GDP Holds Steady in Fourth Quarter

U.S. GDP growth stayed at 1.9% in the fourth quarter, held down by a bigger trade deficit despite robust consumer spending, according to MarketWatch. Forecasts, however, are still optimistic: Consumer confidence and spending are still expected to increase as the economy heads into its eighth year of expansion.

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