Posted in Adhesives & Sealants Industry, November 2022 With the increase in interest in sustainable materials and manufacturing, there will be a significant opportunity for U.S. manufacturers that use common sense, good manufacturing practices. In fact, because manufacturers have realized that it is far less environmentally friendly and energy [...]
Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]
The Global State of Affairs The bottom line: It is a mess! What is going on? Unfortunately, there is a lot of volatility, and it will not smooth out anytime soon. For example: Russia/ Ukraine war: The Russia/ Ukraine war rages on and shows signs of escalation. There are [...]
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.
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.
NewsNation WGN interviewed Lisa Anderson about the supply chain issues that have plagued the west coast ports and that are now showing up as backups on the east and gulf coasts as well. We discussed why this is happening and what can be done.
During times of volatility it is of paramount importance to stay in tune with your customers. Otherwise, you could set and execute strategies that are a waste of limited time, money, and resources as conditions evolve. We are seeing a great reset occur. Baby boomer owners of closely-held companies are selling.
Sustainability has become popular with consumers, employees and an imperative of large companies. After all, who wouldn't want to participate in saving the planet? In fact, I was interviewed for an Earth Day special "Our Changing Climate" (you'll see me featured in a few segments around 20 minutes in). From a corporate perspective, according to IBM Institute for Business Value, 51% of CEOs now rank sustainability as their greatest organizational challenge.
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group comments that supply chains are becoming more sophisticated and are ever changing.
Supply chain disruptions continue at a break-neck pace.
