Resiliency & Agility in Supply Chain
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
Lisa Anderson, a supply chain expert and consultant who founded LMA Consulting Group, says projecting future demand is paramount when facing a demand surge.
In this episode of Interlinks I converse with Lisa Anderson of LMA Consulting in the Los Angeles metro area about manufacturing in the USA.
According to the ISM, "The Manufacturing PMI", a measure of manufacturing activity, registered at 48.5% in June, which is a decline from 48.7% in May.
The world faces economic headwinds. According to the Economist, Europe’s economy only grew at 4% this decade as compared with 8% of the United States and is struggling with a triple shock of the energy crisis, surging Chinese imports, and the threat of tariffs from the United States.
There is substantial geopolitical risk with China. Look no further than the South China Seas. Philippine officials say Chinese forces seized two naval boats in a disputed South China Sea shoal. A few days prior, a Philippine ship and a Chinese vessel collided. It is a risky situation in the South China Seas.
Companies need to navigate the stormy waters of the Red Sea amid Houthi threats and global supply chain challenges The United Arab Emirates (UAE) has established itself as a critical hub in the global pharmaceutical supply chain, attracting major players like Sanofi, Novartis, and Pfizer. This prominence is due [...]
The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.
As Mexico ushers in its first female president, Claudia Sheinbaum Pardo, and reaffirms its commitment to the "fourth transformation," Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., shares her insights on how this political shift is expected to enhance nearshoring opportunities for U.S. manufacturers.
Modern ERP No Longer Enough Although we have been emphasizing the need for a modern ERP system to meet continually evolving customer expectations, modern ERP alone is no longer enough. To thrive in the next decade will require business AI (artificial intelligence) to be embedded throughout your ERP system, [...]