Manufacturers are waking up to the risks in their end-to-end supply chains. They are realizing that they are only as strong as their weakest link, especially if they do not have backup sources of supply that will jump in at a moment's notice. As an international law expert says, if you are counting on China for manufacturing, you must "get out".
In this episode of Interlinks, Lisa Anderson, President of LMA Consulting in Los Angeles and I, discuss some of the supply chain effects of the geopolitical and international trade tensions that have been ongoing for some time now and that are expected to continue as the new US administration under President Donald Trump takes up the reins of power in Washington DC.
In the latest evidence of the heightened concerns related to geopolitical risk, Biden has cracked down on most Chinese cars and trucks with a rule that software and hardware cannot come from China. There is concern about having millions of cars on the road with a potential threat to national security.
The Panama Canal and Greenland are making headlines for a reason. In this Supply Chain Byte, Lisa Anderson breaks down their strategic importance—from moving goods into the U.S. to securing rare earth minerals—and what it means for global supply chains.
Lisa Anderson, quoted in Procurement Pro, has stressed the pressing need for companies to address weaknesses in their supply chains amid growing global instability.
Supply chain is rife with disruptions, and it’s not going to change any time soon.
Lisa Anderson highlights the urgent need for companies to address vulnerabilities in their supply chains as global instability continues to escalate. The recent attacks in the Middle East, where hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria,
Hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria. It appears to be a part of a plan of sophisticated, deadly attacks that targeted specific people, leaving 12 dead and thousands injured.
Since the pandemic, the end-to-end supply chain has been in a constant state of disruption. Although it has calmed down since the height of the pandemic, disruption is simply the new norm. Since logistics is dependent on a system of systems, it is a sum of its parts, and [...]
The economy is facing headwinds with high inflation, interest rates, and concerning employment numbers. The world is on high-risk alert with the Russia Ukraine war, and the Israel Hamas war, which has expanded to Hezbollah.
