Trans-Pacific Partnership: It’s Not Just About Chickens and Milk

This article (http://globalnews.ca/news/2244890/trans-pacific-partnership-its-not-just-about-chickens-and-milk/) outlines what the TPP is, why it matters, and what the federal parties are saying about it.

First, the TPP has been in the works for nearly a decade, and will touch on a variety of matters related to the economic policy of twelve countries on four continents. When it is signed, the TPP’s members will account for 40% of global GDP.

The TPP has been particularly contentious in Canada, one of its potential members, because it could mean an end of supply management in their dairy and poultry industries, which restricts the amount of milk, cheese, eggs, and poultry that farmers are permitted to produce. Although Canada has been repeatedly reassured that their supply management will survive, Canada is apprehensive to agree to the deal. However, there is evidence that if Canada does not relax its stance on the issue, they may be excluded from the TPP.

Additionally, the auto sector is bracing for possible changes that may come with the TPP. In particular, Japan has been pushing for more lenient rules to allow Japanese-made vehicles into North America duty-free, with fewer Canadian-made parts.

Furthermore, the TPP could give internet service providers new power to disable or block websites that violate copyright laws. It may also bring an end to rules that block cross-border transfers of data via the internet, or require sensitive personal data to be stored on servers within national borders.

Finally, signing the TPP will likely require multiple concessions from Canada, but conservatives argue that it will open up numerous foreign markets in which Canada had not previously been able to invest or export. The conservative party has relentlessly defended Canada’s participation in the deal, but could lose traction in its re-election campaign if the final TPP agreement hurts the dairy, poultry, or manufacturing industries.

TPP and Fast Track could be harmful to democracy.

The TPP would strengthen corporate rights and enable corporations to challenge democratically-enacted U.S. laws in special trade tribunals. The TPP would also strengthen our ties with states like Brunei that abuse their citizens, and prevent our own nation from using its policy tools to support human rights and oppose these despotic regimes. And rather than promoting American values and globalizing justice and equal rights, Fast Track would lock-in the worst aspects of the TPP by eliminating our representatives’ authority to choose our trading partners and amend any pact that the executive branch negotiates. The rights of women, the LGBT community, the sick, and the poor should not be thrown under the bus to advance the agendas of multinational corporations.

More information can be accessed at-

http://www.citizen.org/documents/tpp-fast-track-disaster-for-women-lgbt-communities.pdf

Trade & Investment with TPP Countries is good for Indiana

Indiana has important trade and investment ties with TPP countries. In 2011,trade— exports and imports of  goods and services — with TPP countries supported an estimated 300,600 jobs in the state. The TPP will help build on these trade and investment relationships and support the Indiana jobs that depend on them.

For additional information on the TPP negotiations, please see  http://businessroundtable.org/studies-and-reports/trans-pacific-partnership-overview/

.Indiana trade

The Benefits of TPP to the Global Supply Chain

 

According to Kevin O’Marah, author of the article “http://www.scmworld.com/columns/beyond-supply-chain/pacific-trade-deal–good-for-global-supply-chain/” , the TPP can have profound benefits on the Global Supply Chain.

The article highlights that TPP will not just tackle issues in agriculture or manufacturing but also on issues related to intellectual property and labor standards among other issues. The knowledge that TPP will help increase jobs due to arrival of newer technologies and that it may help set global trade standards makes the agreement quite alluring!

Read on more at the link provided.

 

 

 

TPP, is it beneficial to every industry?

The article posted in the OPS Rules website (http://www.opsrules.com/supply-chain-optimization-blog/the-supply-chain-impact-of-tpp) points out how the supply chain would be impacted by the TPP. The breadth of the agreement is without doubt huge, considering it will impact 40% of the global trade. But not every country and more specifically every industry benefit the same. The article in specific highlights that the TPP won’t benefit the US Automakers but will definitely benefit the Japanese counterparts. On the other hand, the Shoe industry is split between the benefits of TPP for importing after manufacturing outside the USA and making the products within the country. More over the currency volatility will play an important role too but that has not been considered in the agreement.

This increases the task on the hands of supply chain specialists to figure out which industry and supply chain will be impacted favorably and which will not!

Managing Smart Manufacturing

In a description of the National Science Foundation sponsored center for Smart process Manufacturing (http://www.rockwellautomation.com/resources/downloads/rockwellautomation/pdf/about-us/company-overview/TIMEMagazineSPMcoverstory.pdf) the authors suggest that market disruptions such as a “$3000 automobile or a $300 personal computer” might be outcomes.  Plant integration, plant optimization and manufacturing knowledge are listed as the phases to get to this reality.  What are the barriers to such an evolution in manufacturing ? How much integration of people, process and technology needs to happen to transform existing manufacturing ? Will leadership for this transformation come from small, agile companies who, when successful, will be integrated into larger ones or can the large companies lead such a transformation ? Finally, how global will this phenomenon need to be to transform supply chains ?