8 months ago

2019 POWER & INFLUENCE 40: Numbers 1-10

Yellowhammer Multimedia on Friday released the fourth and final segment of the 2019 Power & Influence 40.

Our team has spent weeks talking with key operatives and analyzing recent developments in public policy and politics, and this list is meant to recognize the top individuals in government and politics who leverage their power and influence to better the Yellowhammer State.

The ranked list has been released in four segments, with 31-40 coming first followed by 21-30 and 11-20.

Members of the Yellowhammer 15 and the Power & Influence 40 lists will be celebrated through the 5th annual Power of Service event, which will take place Thursday, October 17, in Montgomery.

Read more about the event here.

10. Arthur Orr

Is there a single penny spent in the state of Alabama on education that Arthur Orr does not know about? Short answer: no.

Orr is the chairman of the senate education budget committee. This means he is the point man for his chamber on the $7 billion pot of money which funds Alabama’s education system. The size of the budget brings with it a hefty responsibility – and tremendous power and influence.

Almost halfway through his second decade as a member of the state senate, Orr has now also clocked enough time as budget chair that he knows every corner of education funding and every mechanism available for appropriation. He has established near total control of his chamber’s spending and priorities.

If someone wanted to make a movie about the story of the deliberative upper chamber, Orr might be the best choice to go on the poster. He has an incredible tolerance for details and is methodical in all of his actions. He is representative of the chamber’s approach to governing.

With the clout of the education budget in his corner, he is also not afraid to take on tough budget reform fights from which others shy away, like ABC privatization and welfare reform.

Brick by brick, Orr has built a fortress of political power and influence.

9. Quentin Riggins

The work Quentin Riggins does outside of politics would probably land him on any list of influential Alabamians. He is a pillar of the community and has involved himself in a myriad of different causes aimed at improving his home state.

His service on the powerful Auburn University Board of Trustees is plenty for one person. However, Riggins also serves on the boards of Grandview Medical Center, the Business Council of Alabama’s ProgressPAC, the Birmingham Jefferson Civic Center Authority, the Women’s Fund of Greater Birmingham and the Frank M. Johnson, Jr. Institute. He has previously served on the boards of Leadership Alabama and the Baptist Foundation.

Then there is the work he does as senior vice president of governmental and corporate affairs for Alabama Power Company. He heads up the company’s state and federal government affairs program, which is a vast and yet intricate undertaking. Riggins is able to pull from more than 25 years of service in the arena in representing the interests of one of the state’s largest employers.

Not to be forgotten, though, is his orchestration of one of the purest flexes of political muscle in several years.

Riggins oversaw the forceful changing of the guard at the Business Council of Alabama which set in motion a series of events resulting in the implementation of two monumental policy initiatives enacted to move Alabama forward: Rebuild Alabama and rural broadband expansion. Riggins’ plan for new leadership at BCA allowed the organization to establish the type of clout and cohesion necessary for success.

Riggins’ ability to look out over the horizon is a scarce commodity and produces uncommon power and influence.

8. Joe Perkins

Joe Perkins is unspeakably powerful and influential. So much so – and in such a way – that we probably should not even be speaking about it.

Perkins founded the robust, yet mysterious, Matrix firm. He and his firm occupy a unique space in the world of Alabama politics. The variety of clients he serves is remarkable. From some of the state’s biggest companies to some that could be construed as ‘mom and pop shops’ if not for their success. His work is not limited to industry, and he has a hand in the activities of trade and business associations from small, specialized groups to the very biggest.

And what he does is different.

He’s not a lobbyist. He’s not engaged in a governmental affairs practice. He consults on strategy and direction for different organizations. He provides public relations expertise carefully calculated to position his client in just the right space.

And it all goes back to the people, companies and campaigns at which he is directing his focus. He is the invisible guiding hand behind major initiatives, campaigns and state institutions of higher education. He is quiet counsel to high-ranking officials and regional decision-makers.

Trying to explain Perkins’ power and influence is far more difficult than his ability to exert it.

7. Bill Poole

Bill Poole might just be the most powerful non-Speaker member of the Alabama House of Representatives. Ever.

Talk about a guy who could do whatever his heart desired – Poole’s blend of intelligence, charisma, work ethic and integrity have led him to be a rising star in Alabama politics since his freshman year in the House.

Every year, that star has gotten brighter, and this past session just exacerbated that trend.

Poole’s stalwart leadership as sponsor of the Rebuild Alabama infrastructure package was one of the most impressive feats in recent legislative history.

However, his performance really came as little surprise to those who had observed the statehouse this decade.

Everyone in the chamber likes Bill Poole – and they respect him without exception.

His reputation inside and outside the membership has been well earned. He treats people right, leads by example and delivers results time after time.

His excellent chairmanship of the education budget committee in the House wields him power and influence already, but Poole exponentially has increased his stock over recent years well beyond a normal leader in the House.

What’s next for Poole? Well, the sky is the limit.

Could we soon have another statesman-like U.S. senator from Tuscaloosa?

Whatever he chooses to do, Poole will excel – and Alabamians will continue to reap the rewards.

6. Katie Boyd Britt

Talk about a baptism by fire.

Katie Boyd Britt and her newly assembled BCA governmental affairs team were thrown into a legislative battle for the ages to kick this year off.

Working together seamlessly – and tirelessly – the Britt-led BCA helped guide Rebuild Alabama to passage. The work was not easy. In fact, it was the stuff of lobbying lore, an accomplishment to be bragged about for decades to come. But they did it with a smile on, a gleam in their eye. The only acceptable result was going to be success, and the end result was the final vote exceeding all expectations.

It all starts with Britt. From the very first day on the job, this ex-chief of staff for Senator Richard Shelby effortlessly looked like the power and influence he wields rubbed right off on her.

Britt has brought an energy, an excitement and an optimism back to BCA through her buoyant leadership. Through vision, determination and an undefinable charisma, she is setting the organization and its member companies up for unparalleled successes.

However, her personal star also shines brightly.

People are mentioning Britt at the very top of the list of contenders to succeed Shelby, whenever the venerable senator does decide to call it quits.

Whether she is interested or not remains to be seen, but regardless she is going to be one of Alabama’s most powerful and influential people quite possibly for the next half-century.

And the people of our state will be better off because of it.

5. Jo Bonner

There are very few people who have served Alabama in a more exemplary way this century than Jo Bonner.

Congressman. Vice chancellor for the University of Alabama System. And now the immensely powerful and influential chief of staff to Governor Kay Ivey.

Bonner has been the epitome of a statesman throughout it all and now runs the day-to-day operations of state government. A third act that would beat the first of most in politics and government.

He not only has the governor’s ear but is, in effect, the governor’s ears and voice on many matters.

Everyone with dealings on Goat Hill knows that Bonner is the gatekeeper to Ivey, and he has put together a top-notch staff that runs the governor’s office like a well-oiled machine with him leading the charge.

Bonner’s contributions to the state’s current historic success might be behind the scenes, but they are well recognized by those in the know. Bonner is by far the most impactful non-elected official in state government right now and will continue to be as long as he serves.

4. Mac McCutcheon

You will find no kinder a person, no more of a gentleman in elected office than Speaker of the House Mac McCutcheon.

McCutcheon has dedicated his life to the people of Alabama. From protecting and serving as a career law enforcement officer in Huntsville to leading the rambunctious lower chamber of the Alabama Legislature, McCutcheon has led with integrity and compassion every step of the way.

Honored with Yellowhammer’s Power of Service Award last year, McCutcheon has continued in 2019 to be an ideal role model for people young and old looking for the best of humanity in their public servants.

How he carries himself only adds to the considerable, inherent power and influence of his office.

The members of the House listen to McCutcheon not just because he has the gavel – but because they like him and respect him. This stems for the personal interest that he takes in all of the members. For McCutcheon, being speaker is a solemn duty – and the House membership is like a family.

McCutcheon will have another tough challenge ahead as the criminal justice and prison issue comes to a head in 2020 (with Medicaid still hovering). But if anyone can handle it, it’s him – with empathy and patience.

3. Zeke Smith

Zeke Smith has worked to establish the largest and most comprehensive external affairs effort in the state. Everything from lobbying to public relations to regulatory affairs to charitable giving falls under his purview as executive vice president of external affairs for Alabama Power Company.

An array of responsibilities that affect 1.4 million customers and 7,000 employees in Alabama require that Smith have an abundance of exceptional traits.

One of the most impressive and useful traits that Smith displays is an unmatched capacity. His knowledge of Alabama Power’s massive operation extends to every corner of its business. Layered on top of that is a continual awareness of Alabama’s political climate, its power players and what makes each tick.

As with most high-performing individuals, a function of his success has been his ability to extend beyond the discipline in which he trained. An Auburn University graduate with a degree in engineering, Smith has had a distinguished career and was inducted into the Alabama Engineering Hall of Fame earlier this year. Now, at this point in his career, he finds himself in a position where a mastery of politics and a firm grasp of people’s motivation are essential to the job.

Assembling a top-notch team to carry out the external affairs mission has been a key component to his success. To work for him means you have been vetted, and it has been verified that you can deliver. Smith carries with him a calm urgency to his actions, and he expects results.

All of this has contributed to the end result, which is that he, perhaps more than anyone else in Alabama, receives the first phone call from aspiring office-seekers. Nothing speaks more to power and influence than when people operate under the premise that they need your support to succeed.

For most of us, the names and numbers on our ‘Recents’ call screen are in black to designate outgoing calls. We imagine Smith has nothing but red on his.

He operates at a level of power and influence where the air is thin.

2. Del Marsh

It was 87 years ago this week when Babe Ruth called his shot during the third game of the World Series. In the top of the 5th inning, with two strikes on him, Ruth pointed to the centerfield wall then promptly hit the next pitch over the fence.

Del Marsh called his shot twice this year – and hit home runs each time.

In the months leading up to the 2019 legislative session, Marsh told anyone who would listen that he intended to pass a huge infrastructure package and a historic education reform proposal. Insiders viewed Marsh’s plans with skepticism, while many supportive stakeholders even continued to express pessimism.

If conventional wisdom was supposed to dictate action, someone forgot to tell Marsh.

The president pro tem of the Alabama Senate immediately powered through the Rebuild Alabama infrastructure legislation during a special session. In doing so, he left no doubt about his clout in what may prove to be a generational, game-changing boost to the Yellowhammer State’s roads, bridges and waterways.

During a conversation with Yellowhammer News following the passage of Rebuild Alabama, we asked Marsh if the collective temperament of the legislature would allow for any other major pieces of legislation. He reacted as if we were speaking in tongues.

Marsh was not finished. He next set out to pass legislation enabling a constitutional amendment reforming the state school board and abolishing Common Core. Once considered an issue no one would even attempt to take on, Marsh whipped the bills through the legislature and onto the next statewide ballot.

Two for two out of the park.

Like so many others on this list, Marsh never stops. So while his next power move may not be readily apparent, do not expect him to slow down. He is a reformer and a wildly successful businessman who has a genuine interest in seeing his state improve.

In the meantime, Del Marsh remains one of the most powerful and influential people within his generation of public servants.

1. Kay Ivey

Governor Kay Ellen Ivey will go down as one of the most consequential leaders in Alabama history.

And she’s not even close to being finished yet.

From the second she put her hand on the Bible and became the state’s 54th governor, Ivey has been laser focused on governing and nothing else.

She’s steered the ship through all of the noise – the politics, the gossip, the fluff – like a warm knife through butter, staying on course to a better future for our great state.

Ivey quickly became known as Alabama’s education governor through her Strong Start, Strong Finish initiative, adding onto this legacy through her historic push to add 500,000 more skilled workers by 2025.

However, the progress certainly does not end there. From landmark economic development wins to increasing foreign trade opportunities, Alabama is winning big under Ivey’s steady hand.

The Rebuild Alabama Act will go down as a crowning jewel of her administration – not just the merits of the forward-thinking infrastructure package itself, but how she got it done. The legislation passed in stunningly overwhelming fashion because of Ivey’s personal ownership of the issue. She bulldogged the package to passage – certainly with the tremendous help of organizations like BCA, ALFA, the Road Builders, etc., but it would not have happened without the governor.

She faces two more big issues this coming year and through the end of her term: the prison system and rural healthcare/Medicaid.

How will Ivey continue to utilize her position as one of the most powerful and influential governors ever?

Check back on Saturday for the entire list published in one article.

9 hours ago

‘The Bama’ at KBC restaurant is one of 100 Dishes to Eat in Alabama

KBC are the initials of Kelsey Bernard Clark, the winner of the 16th season of Bravo’s “Top Chef” and the chef and owner of KBC restaurant in Dothan.

What began as a butcher shop and grocery evolved into a restaurant based largely on the popularity of the sandwiches Clark started serving customers.

“Some of the sandwiches on our menu are named after people and The Bama was actually named after my mother-in-law, who is known by her grandchildren as ‘Bama,’” Clark said.

139

The Bama at KBC in Dothan is one of 100 Dishes to Eat in Alabama from Alabama NewsCenter on Vimeo.

The Bama sports pimento cheese, thick slices of tomatoes and crispy bacon. It’s about as Southern a sandwich as you can get and is so delectable it has made its way onto the Alabama Tourism Department’s list of 100 Dishes to Eat in Alabama.

With the ongoing COVID-19 crisis, KBC tried curbside service but Clark said it wasn’t as fulfilling as the experience of dining in the restaurant. So, KBC stopped doing curbside until the dining rooms were allowed to reopen under new guidelines. She said KBC is operating well and safely under the new rules and business is good again.

And The Bama is as popular as ever.

(Courtesy of Alabama News Center)

16 hours ago

Coach Bill Clark: UAB ready for football season preparations to start

UAB football coach Bill Clark is like many fans who are waiting for a clear sign that the college football season is on the horizon this year.

With less than 90 days until the start of the season, that sign will be next week when UAB players report for voluntary individual workouts and training. Clark said that will progress into the more familiar pre-season camp between now and August.

“I’m excited to get them back, even in small numbers right now,” Clark said.

155

Coach Bill Clark: UAB ready for football season preparations from Alabama NewsCenter on Vimeo.

It’s been a challenging few months for everyone because of the COVID-19 pandemic and football was not immune. It eliminated the normal spring training and spring football scrimmages for all collegiate teams, and officials from all schools and conferences have been weighing whether and how to proceed with preparations for a season that at one time seemed uncertain.

Clark said he is confident the plan UAB has in place is a good one and he has one of the premier institutions to draw on for medical expertise.

“Rule No. 1 has always been athlete safety, so this is not something new for us,” Clark said. “Obviously, the COVID crisis was something new for us to deal with. The support of our athletic trainers obviously being at UAB with the medical school helps.”

(Courtesy of Alabama NewsCenter)

17 hours ago

Hero German Shepherd from Alabama vies to be country’s top dog in American Humane contest

A mom’s reaction to being reunited with her lost child – found by Küsse, a German Shepherd rescue dog – was to smother both with kisses and hugs.

Indeed, the name Küsse – German for “kisses” – fits Corey Speegle’s rescue dog to a “T.” With her innate ability to find lost people, Küsse has earned huge praise during her short career.

Nearly half a million dog lovers across the country have cast their votes for Küsse, one of three semifinalists for the American Humane Hero Dog prize in the Search and Rescue category. Other categories include Therapy Dogs; Service Dogs; Military Dogs; Law Enforcement Dogs; Shelter Dogs; and Guide/Hearing Dogs.

819

Küsse and Speegle live in Sheffield, Alabama, and she’s the only dog representing the Yellowhammer State. Supporters can vote for Küsse once a day through July 16.

Training the nation’s ‘top dog’ 

Speegle got Küsse as a pup and began training her at a year old. Küsse’s innate ability to find individuals has primed her to win the national contest this fall, which concludes with a gala and a two-hour special on the Hallmark Channel.

“Küsse is a beautiful dog, and she loves to serve and help find missing people,” said Speegle, state coordinator for the Community United Effort Center for Missing Persons and a volunteer firefighter for Spring Valley and White Oak Volunteer Fire departments. “Her mother is a German Shepherd from the Czech Republic and the father is a second-generation explosives dog out of Fort Hood, Texas.”

Speegle has trained with the Federal Emergency Management Association, and he and Küsse have completed numerous search and rescue classes.

“I’ve taken advanced building search classes through detection services, and I’ve had boat training to locate bodies in the water,” Speegle said.

He’s accustomed to receiving calls for help from Colbert County Sheriff Frank Williamson. On March 4, Speegle and Küsse were called to work search and reconnaissance efforts in Cookeville, Tennessee, after a powerful EF4 tornado decimated the town in the early morning. Cookeville is the county seat of Putnam County, 79 miles east of Nashville.

“Küsse and I worked for hours on end to help find survivors and bring closure to families with missing loved ones,” said Speegle, who volunteers with the White Oak Volunteer Fire Department’s K-9 Search and Rescue crew. The team also uses highly trained cadaver dogs.

“It was like a bomb went off there,” he said. “We stayed until the last person was accounted for – it wasn’t pretty, as you can imagine.” Despite their round-the-clock search March 4-6, Küsse and Speegle found no survivors among the 27 people missing.

Speegle trained Küsse with the “recall/refind” method.

“I say, ‘show me,’ and she will return to me and lead me to the person,” he said. “When she finds somebody, she gets her purple kong wubba, her favorite toy in the whole world.”

“The new thinking is you don’t want the dog to bark at someone and scare them, so she’s trained to find them and, depending on the distance, she returns to me and makes me know she found them,” he said.

Speegle uses a handheld detection module linked to Küsse’s GPS-monitored collar, which can track her up to 9 miles.

“Occasionally, with small children, the dog won’t leave the child,” he said. “It will lay down and stay with the subject, so we can still track where the dog is.

“She also does scent article finds,” Speegle said. “Küsse locates a person using a scent article – a sock, hat or shirt, for instance.

“Küsse will work on- or off-lead,” he said. “If you have someone lost in a national forest, she can use that scent to find them.”

Küsse recently helped in the search for a 20-year-old marathon runner from Colbert County near Muscle Shoals, Alabama, whose family reported him missing.

“He’d gone running in the evening and it had stormed all night,” Speegle said. “We tracked him 200 to 300 yards but Küsse lost his scent because of the rain. But she assisted law enforcement to go in the right direction to find him.”

Using video, the sheriff tracked the man’s run. The marathoner had been caught in the storm and sheltered overnight in the field house at Muscle Shoals High School. He borrowed a phone the next morning to call his parents.

Honoring the past at LaGrange Cemetery

Colbert County Commissioner Darol Bendall asked Speegle to locate unmarked historic graves at the historic LaGrange Cemetery in Leighton, Alabama. He and Küsse volunteered a weekend in April.

“The descendants would like to know where they’re at – it’s rough terrain,” said Speegle, who assisted other members of the LaGrange Living History Association. “There are probably 100 graves that are unaccounted for, some of which date to 1815.”

The project was an excellent training opportunity. Speegle, Küsse and his other dogs located nine lost gravesites. During the years, headstones for a man and his wife, dating to the 1800s, had been moved about 50 yards from their resting place. Volunteers reset the headstones properly. Other graves were found outside the cemetery.

“My cadaver dog found an unmarked grave in a wooded area,” he said.

During the work, a volunteer’s child went missing.

“This little 6-year-old girl had wandered off 200 to 300 yards,” Speegle said. “Küsse found her at the back of the cemetery, at the wood line. It was a little scary for all of us.”

Speegle finds a lot of satisfaction in helping others.

“There was no happy ending in Tennessee, but finding the little girl was a good one,” he said. “Küsse is at the beginning of her career. I hope she serves her community well. If she wins in her overall category, I will be one proud daddy.”

(Courtesy of Alabama NewsCenter)

18 hours ago

Florists decorate Birmingham Rotary Trail in an act of beauty and healing

Flowers bring joy, and they can heal the soul.

On Friday morning about 25 florists joined in decorating the Rotary Trail in Birmingham. As a beautiful start to the weekend, said Cameron Pappas, florists swathed the trail in greenery, roses and colorful blooms of all sorts. People even brought flowers from their yards.

The effort was to bring “light and joy” to Birmingham residents. And the 46-foot-tall sign with the words “Rotary Trail in the Magic City” was the perfect place to begin.

310

“I was laying in bed Sunday night, watching these scenes unfold where Birmingham was in chaos. Seeing this was so sad,” said Pappas, owner of Norton’s Florist in Birmingham.

When Carolyn Chen called Pappas later, an idea was born. The owner of Wild Things Flowers & Curiosities in Homewood, Chen thought that decorating the entrance of the Rotary Trail could be a start to bringing emotional healing to the Magic City.

Area florists put Birmingham’s Rotary Trail in full bloom from Alabama NewsCenter on Vimeo.

Random acts of botany

“Carolyn wanted to figure out how to help the city heal after this past weekend and the coronavirus,” said Pappas, owner of Norton’s Florist for more than four years. Between the two, giving flowers in a difficult time is a natural response: “Flowers bring joy. Whether it’s a sad time like a funeral or a happy occasion like a birthday, flowers bring happiness,” he said.

Pappas and Chen invited more than 50 florists from a 40-mile area around the city to help. Three wholesale flower distributors in Birmingham – DavisR&W Wholesale Inc. and Hall’s Birmingham Wholesale Florist – donated flowers and greenery.

“It’s cool to have everyone in an industry come together,” he said. “We want to make people happy, and give them something to look at besides broken glass and boarded up windows.”

What started as a simple gesture bloomed into something memorable. Several of the participating florists were livestreaming to Facebook. Several people from outside of Birmingham saw the videos and posts on social media, and came to take their own pictures.

Pappas said that seeing people join together to help was an amazing sight.

“People were cutting flowers, using their talents to help,” he said. “Everyone was busy beautifying the Rotary Trail with one thought: We love Birmingham. We love this city and our people.”

(Courtesy of Alabama News Center)

18 hours ago

Auburn University expert discusses COVID-19’s impact on sales projections, consumer costs

Brian Gibson, the Wilson Family Professor and executive director of the Center for Supply Chain Innovation in Auburn University’s Harbert College of Business, recently commented on the impact of coronavirus on sales projections for retailers and suppliers, how supply chains are adapting and how consumer costs will be affected.

Gibson leads multiple industry studies, including the Logistics 2030 project, the annual State of the Retail Supply Chain Report and the Council of Supply Chain Management Professionals’ talent management project. He has published numerous articles in supply chain journals, co-wrote “The Definitive Guide to Integrated Supply Chain Management” and co-produces the “Supply Chain Essentials” video series.

Q: How is coronavirus affecting sales projections for retailers and suppliers?

648

Gibson: The COVID-19 pandemic has created quite the challenge in the retail sector. U.S. retail sales plunged nearly 9 percent in March as shoppers began to follow shelter-in-place measures. The situation has created a “Tale of Two Cities” scenario. For many retailers it has been the worst of times, with all stores closed due to state government emergency orders. Small retailers lacking the resources to support online selling, and large discounters like TJ Maxx and Ross Stores with minimal e-commerce operations are generating no sales. Retailers with a large online presence are generating e-commerce sales, but it is not enough to make up the loss of in-store revenues. Only the small group of retailers selling essential products like groceries and household goods items are in the best-of-times category, relatively speaking. In March, Kroger and Walmart experienced double-digit growth of same-store sales due to consumers stocking up on essentials. AmazonCostcoTarget and other select retailers also generated higher revenues.

The situation is much the same for suppliers. It all depends on the type of product being produced. Manufacturers of essential food, paper and cleaning products are working overtime to handle demand surges. In contrast, the apparel and automobile industries are largely shut down due to lack of demand, key parts or available labor. Some of these companies are now making personal protective equipment, ventilators and other necessary products that are in short supply.

Q: How have coronavirus-affected supply chains adapted to this situation?

Gibson: The news headlines and stories certainly paint a bleak picture of a broken supply chain that is plagued by product shortages. The reality is that there is no single supply chain. Products flow through different channels from their raw material sources to manufacturers to retailers and distributors. As consumption patterns for certain products have spiked to historic highs, there have been temporary shortages while companies work to restock their inventories. It is an ongoing challenge. If a meat processor shuts down for two weeks, that link in the supply chain is broken temporarily, but the whole supply chain is not broken.

Supply chains are resilient; they bend but typically don’t break. Adjustments are being made by companies to continue serving demand. Distribution centers and grocery stores are working overtime to fulfill orders. Product is being redirected from commercial channels to consumer channels. Production lines are being modified and alternate sources of supply are being tapped to alleviate inventory shortages. Collectively, these solutions from organizations along the supply chain will bring supply and demand back into sync.

Q: Will supply chain costs increase and, thus, increase the cost of consumer goods?

Gibson: Without question, supply chain costs are rising. Retailers are paying front-line store and distribution center associates an hourly wage premium. It costs more to fill and deliver an e-commerce order than to have consumers do their own shopping. Facilities are going through expensive deep-cleaning protocols on a regular basis. And the cost of some commodities is rising. It’s logical to expect that some of these costs will be passed along to consumers in the form of higher product prices. How much they will go up and for how long is the tricky question.

Q: Will we see changes in supply chains and will this actually help certain companies?

Gibson: In the wake of COVID-19 disruptions, “Massive Shifts in Supply Chains Forthcoming” is a popular headline but one that is almost clickbait status. Change will happen, but in a more methodical and incremental fashion than is currently being predicted by pundits. Production will continue to shift from China to other low-cost countries. We will possibly see more domestic production with flexible capacity built in. Some companies will increase safety stock inventories of key materials. And companies will likely cultivate additional strategic supplier relationships. Companies that succeed with these initiatives will achieve greater supply chain agility and resiliency without dramatically increasing their costs. They will be the ultimate winners.

This story originally appeared on Auburn University’s website.

(Courtesy of Alabama NewsCenter)