Supply Chain Strategy: Modernization tips from Lisa Anderson
For business leaders looking to modernize their supply chain, the technology investment is the easy part: Evaluate solutions, calculate the ROI, make your business case, and take delivery. Sure, it can be tricky to get sign off on these tech investments, but it’s a business problem with a logical [...]
51 Expert Tips on Inventory Control Methods
“Inventory accuracy is cornerstone to success” says Lisa Anderson, The Manufacturing ConnectorSM and president of LMA Consulting Group, Inc., Claremont, CA. 51 Expert Tips on Inventory Control Methods Inventory control is a critical function for businesses spanning every industry. Without effective inventory control methods, the supply chain suffers, you’re not [...]
U.S., China Sign Historic Phase One Trade Deal
According to the National Association of Manufacturers press release, the U.S and China trade deal is an unprecedented phase one win for manufacturers. Previously the NAM CEO lamented that "China has proven one of the most troubling markets in the world for manufacturers, due to its lack of commitment [...]
Top 5 Inventory Management Techniques
Great inventory management techniques are critical as supply chain complexity grows. Here's a look at the top techniques to help your company succeed. Whether you're an SMB or a large enterprise, solid inventory management techniques are critical for success. Inventory management, a component of supply chain management (SCM), controls [...]
Do You Have a Network?
Do you have a network of people you can go to for answers, help, introductions, and more? My network is not only very important to my business but it is also very important for my personal life. Starting with business, I can definitely say that LMA Consulting's success is [...]
Women CEO Panel Takeaways
As an advisory board member of the School of Business and Public Management of the University of LaVerne, I participated with the annual Women CEO Forum. I always am inspired listening to the powerful stories of these CEOs, and the hardships they overcame on their journey to success. Do [...]
Amazon Kicks off the New Year by Creating Disruption
According to a Bloomberg article, Amazon kicked off the New Year by creating disruption. They have abruptly stopped buying products from some of their wholesalers, looking for ways to bypass wholesalers or push the cost to down the chain and increase profit. If your business depends on Amazon, [...]
All Roads Lead Back to People
All roads lead back to people. In working with executives from diverse industries of aerospace, building products, healthcare and food & beverage, whether a $10 million dollar family-owned business, a $50 million dollar private-equity backed company or a multi-billion dollar global conglomerate, the most successful have the best people. [...]