Remove Dominican Republic Remove Manufacturing Procurement Remove Shipping Remove Sourcing
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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

Less damages were recorded in Haiti and the Dominican Republic; however, a major bridge on the island was reportedly destroyed. Expected Long-term effects: Critical part of US manufacturing supply chain is currently at a stand-still. But manufacturers don’t keep big stockpiles and could start running out as soon as next week.

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Investing in regional supply chains

Resilinc

Shipping by land can be less costly and more efficient than the ocean shipping from Asian countries on which the U.S. And developing a Pan American Manufacturing Ecosystem would also create jobs, build wealth, reduce the pressure to migrate, and promote political stability in countries such as Guatemala, El Salvador, and Honduras.