The Future of the Supply Chain – Thriving into 2024
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.
UAW Strike & Impacts on the Supply Chain
There has been a run of strikes or threats of strikes lately with the latest UAW strike impacting the Big 3 automobile manufacturers. If it lasts longer than a few days, there will undoubtedly be a huge impact on the end-to-end supply chain as well as the economy.
The Importance of Supply Chain Partner Relationships
The awareness of the importance of international supply chains has grown in recent years, not just among the business fraternity, but more widely in the media, among politicians and ordinary citizens as well.
A Flurry of ERP Discussions
In the last month, there has been a flurry of ERP related discussions. A client went live on an aggressive timeline with an ERP system with little to no data migration as there simply wasn't time.
The Resurgence of the Manufacturing Workforce
Manufacturing is making a resurgence in the U.S. and other countries around the world. According to the U.S. Bureau of Labor Statistics, there is a shortage of 550,000 stable manufacturing jobs to be filled in manufacturing businesses nationwide.
Prepared Manufacturers Will Thrive as Supply Chain Risks Abound
Executives are tired after surviving the pandemic, navigating supply chain disruptions, handling soaring inflation, and dealing with one challenge after another. However, it is not time to rest as supply chain risks abound.
Lisa Anderson, Manufacturing & Supply Chain Expert Advises Business Leaders to Keep a Pulse on Current Events GalleryLisa Anderson, Manufacturing & Supply Chain Expert Advises Business Leaders to Keep a Pulse on Current Events
Business & the Economy, Global Trade, Geopolitics, & Import/ Export, Press Releases, Supply Chain Trade & Logistics
Lisa Anderson, Manufacturing & Supply Chain Expert Advises Business Leaders to Keep a Pulse on Current Events
The critical importance for owners and business leaders to understand how current events can significantly impact their supply chains. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
Panama Canal Drought Accelerating Supply Chain Optimization
The Panama Canal has a 40% market share for containers moving goods from Northeast Asia to the U.S. East Coast, and drought conditions are creating a new round of supply chain disruptions. There have been between 130 - 160 ships waiting, leading to supply chain delays.
Why Is Inventory Accuracy Foundational to Success?
Inventory accuracy is foundational to success. Most clients aren't concerned about inventory, and they shouldn't be if they can count on what their system says.
Better Utilize Your ERP System (3 Strategies for CEOs)
Executives are struggling to keep up with inflationary raw material prices, elevated customer requirements, margin pressures, and the lack of people to fulfill key roles. Thus, they are looking to their ERP system and related supply chain technologies for answers.