Supply Chain Outlook looks at impact of tax reform

SCMAP kicked off 2018 with a look at the prospects for the national economy and the supply chain industry, in the light of new tax reforms being rolled out by the Duterte administration, through Supply Chain Outlook.

Held at the Garden Ballroom of the EDSA Shangri-la Manila last 26 January, the event gathered over a hundred participants not just from the manufacturing, retailing and logistics sectors, but also attracted delegates from the worlds of finance, telecommunications and business outsourcing.

REID Foundation’s Ronilo Balbieran began the event with his usual look at the country’s economic prospects, outlining its strengths as the impact of the current government’s infrastructure program sets in, and positing that the short-term impact of tax reform could benefit the country in the long run.

He was followed by Mitch Abdon, incoming director of the Strategy, Economics and Results Group of the Department of Finance, who comprehensively outlined the government’s five tax reform packages. While the first package would most directly affect consumers with its changes to personal income tax and value added tax, the other packages would affect companies, like the second package on corporate taxes.

The event, which also served as the first General Membership Meeting of 2018, also saw the induction of the organization’s Board of Directors for the year, led by president Nestor Felicio. During his address he outlined SCMAP’s plans to directly address pain points experienced by its member companies, through the establishment of collaboration groups to be led by members of the board. Issues to be tackled include surge planning, downstream collaboration and manpower management. (Click here for the full address.)

The other members of the BOD include: Christine Pardiñas of Rustan Supercenters, president-elect; Dina Pilapil of LF Logistics, secretary; Clarissa Castillo of Johnson & Johnson, treasurer; Arnel Gamboa of National Bookstore, auditor; and Anghelita Santor of Nestlé, German Martizano Jr. of Unilever, Ma. Cristina Alvarez of Procter & Gamble, Mark Philip Comandante of Zuellig Pharma and Pierre Carlo Curay of XVC Logistics, directors.