Inventory Optimization In Full Focus in the Turbulent Economy
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
How Innovation Fuels Success
There are many strategies to achieve innovation success. Here are a few that come to mind.
Although Manufacturing Declined, the Smart are Planning for a Renaissance
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.
Managing Inventory and Cost to Navigate Economic Turbulence
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.
Supporting Medtech’s Growth: Scaling & Mitigating Risk in the Supply Chain GallerySupporting Medtech’s Growth: Scaling & Mitigating Risk in the Supply Chain
In The News, Manufacturing, Manufacturing Scalability & Resource Planning, Media, Supply Chain (End-to-End), Supply Chain Transformation, Optimization & Collaboration
Supporting Medtech’s Growth: Scaling & Mitigating Risk in the Supply Chain
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.
Lisa Anderson, Supply Chain Expert Highlights Positive Changes for U.S. Manufacturers Through Nearshoring Amid Mexico’s Presidential Election GalleryLisa Anderson, Supply Chain Expert Highlights Positive Changes for U.S. Manufacturers Through Nearshoring Amid Mexico’s Presidential Election
Global Trade, Geopolitics, & Import/ Export, Manufacturing, Press Releases, Reshoring/ Nearshoring, Supply Chain Trade & Logistics
Lisa Anderson, Supply Chain Expert Highlights Positive Changes for U.S. Manufacturers Through Nearshoring Amid Mexico’s Presidential Election
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.
Succeeding with Regional Manufacturing & Optimizing Supply Chain
The risk of China has increased dramatically over the years. Early on, executives were concerned about intellectual property theft. Although that is still a concern, there are much bigger issues.
FTC Cracking Down on Bogus ‘Made in USA’ Claims
The FTC is cracking down on bogus 'Made in America' claims. Lisa Anderson was quoted in Bloomberg Law on reshoring and near-shoring.
Diversify to Thrive in Manufacturing & Supply Chain
If you are dependent on any region, non-friendly country, customer, supplier, material, or anything noteworthy to your success, you must diversify. Although this concept has always been true, the pandemic highlighted the critical importance. Some companies simply lost their source of supply overnight and have not recovered if not diversified.
Sustainable Manufacturing = Uncommon Common Sense
Manufacturers should work to reduce materials, energy consumption, and inefficiencies to improve their carbon footprint and achieve the triple bottom line.