Are You Rethinking Your Supply Chain Strategy?
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
Common Sense Manufacturing Practices Driving Sustainability Improvements
With the increase in interest in sustainable materials and manufacturing, there will be a significant opportunity for U.S. manufacturers that use common sense, good manufacturing practices. In fact, because manufacturers have realized that it is far less environmentally friendly and energy efficient to produce in Asia, India, and the [...]
Case Study: Strategies to Successfully Navigate Inflation
As originally published in Brushware Magazine on Sept/ Oct 2022. Inflation continues to plague the world with escalating prices across a spectrum of products and services. The price of oil and gas has continued to rise and supply chain challenges persist, creating inflationary pressures across the board. Even though [...]
Austin, It’s Skyline & Manufacturing Hub
I recently went to Austin, TX to speak at the MPO (Medical Product Outsourcing) Summit on reshoring and nearshoring in the medical device industry. While deep diving into the healthcare products/ medtech industry, I took a few days to see the sites of Austin. See below for a few of my favorites including an incredible skyline.
Short term vs the long term: Navigating Turbulent Times
As businesses struggle in this new era of VUCA (volatility, uncertainty, complexity, and ambiguity), the divide between short term and long term seems to increase.
The MacGyver Approach: Leveraging Your Underutilized ERP Asset
Can You More Fully Utilize Your ERP System? Undoubtedly, yes. ERP has always been a core specialty of LMA Consulting, and we have worked with every single client on selecting, utilizing, and upgrading ERP capabilities. In our experience, 100% of clients can more fully utilize their ERP system. [...]
Right-size Inventory to Thrive During Inflationary & Recessionary Times GalleryRight-size Inventory to Thrive During Inflationary & Recessionary Times
Best of Supply Chain, Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain (End-to-End), Supply Chain Planning
Right-size Inventory to Thrive During Inflationary & Recessionary Times
Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]
Taking Control: Reshoring, Nearshoring, Friendly Shoring & Manufacturing Expansion GalleryTaking Control: Reshoring, Nearshoring, Friendly Shoring & Manufacturing Expansion
Global Trade, Geopolitics, & Import/ Export, Manufacturing, Reshoring/ Nearshoring/ Regional Supply Chains, Supply Chain (End-to-End), Supply Chain Optimization & Collaboration, Supply Chain Trade & Logistics
Taking Control: Reshoring, Nearshoring, Friendly Shoring & Manufacturing Expansion
The Global State of Affairs The bottom line: It is a mess! What is going on? Unfortunately, there is a lot of volatility, and it will not smooth out anytime soon. For example: Russia/ Ukraine war: The Russia/ Ukraine war rages on and shows signs of escalation. There are [...]
Global Report: Supply Chain Management: The Haves and The Have-Nots… and Not Everyone Will Survive
Reprinted with permission from GLOBAL REPORT CONSTRUCTION EQUIPMENT & TECHNOLOGY 2022 Supply chain complications are more than just an inconvenience to the construction equipment manufacturing industry. Successfully navigating the supply chain has never been more essential to the financial health of our industry and the difficulties involved are creating [...]
NESCON: Managing Capacity in a Complex & Volatile Long-Lead Environment
Lisa Anderson facilitated a panel discussion at the New England Supply Chain Conference and Exposition on managing capacity in complex and volatile environments with Shari Ruelas General Manager of Commercial Products Chevron, Alejandro Bustamante Senior Advisor to CEO & Board of Directors of Poly/HP, and Dan Raatjes SVP & COO King's Hawaiian Holding Co.