Logistics costs have been staggering. According to the 33rd Annual State of Logistics report produced by the Council of Supply Chain Management Professionals by the global consulting firm Kearney and presented by Penske Logistics, U.S. business logistics costs rose by 22.4% last year.
Managing capacity during these turbulent times in a complex, volatile, long-lead time environment has proven quite the challenge. During the pandemic, sales volumes either dropped like a rock or skyrocketed with no middle ground. Most manufacturers have not been able to keep up with demand in the last year [...]
LMA client, Armacell LLC, provides senior management, operations management, supply chain management (integrated business planning), and sales viewpoints on their experience in working with the LMA team and the results they achieved.
The world has all sorts of complications and challenges going on simultaneously: The Russia-Ukraine war is heating up, driving a severe energy shortage in Europe as Russia turned off the gas pipeline. The China-Taiwan tensions continue to gain steam with advanced computer chips at the crux of the conflict. The baby formula challenges carry on with flights [...]
Lisa Anderson participated on a panel discussion to discuss nearshoring in the Medtech industry with Steven A. Colantuoni, Director of Corporate Marketing, The Central American Group, Yarisol Lopez, Deputy Executive Director, National Free Zones Council of the Dominican Republic, and Carlos Wong, Managing Director, Coyol Free Zone (Costa Rica).
Made in the USA! Instead of fiddling around dipping our toes in the water, we should put a full court press on expanding manufacturing in the USA. Why? Let's just consider a few questions: Should we put our eggs in the China basket? Only if you enjoy substantial risk... [...]
MPO Magazine: The Big Shift: Nearshoring Trends in Medtech Manufacturing "Medical device companies are on the move," said Lisa Anderson, president of LMA Consulting Group, a Claremont, Calif.-based consulting firm that specializes in manufacturing strategy and end-to-end supply chain transformation."For example, Costa Rica continues to gain significant nearshoring opportunities".
I went to Costa Rica with my brother and nephew, and so I've been thinking about the amazing Costa Rican biodiversity, beaches, birds and biotech manufacturing.
Supply chain expert Lisa Anderson says the global system has never been more volatile.
Manufacturing has struggled to produce what customers want on-time without spending a fortune and tying up excess cash unnecessarily in the wrong, "just-in-case" inventory. It is a tough environment spiraling out of control with supply chain chaos.
