Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., talks about how to cope with the turmoil and its effect on manufacturers, their suppliers and their customers.
"Manufacturers looking for any kinds of raw materials or ingredients are having to revise their schedules continuously, and it's a daily challenge," said Lisa Anderson, supply chain consultant and president of LMA Consulting. "There are issues from one end of the spectrum to the other."
According to McKinsey surveys of global Supply Chain leaders (May 15-May 22, 2020, n=60), 85% struggled with insufficient digital technologies in the supply chain. One of the key digital technologies is business intelligence (BI) and analytics. According to Tableau, the projected return on investment of BI in a 3-year period is 127%. Clients and colleagues are seeing the importance of adopting BI and predictive analytics to proactively manage the company and make critical decisions. Are you on a roadmap to adopting BI?
According to Industry Week, Toyota has cut production by 40% due to supply challenges. In addition to the semiconductor chips, COVID is raging in Southeast Asia, causing further supply chain challenges. The bottom line is that there are widespread supply chain challenges!
Manufacturing and supply chain expert, Lisa Anderson, president of LMA Consulting Group Inc., discusses data intelligence and global supply chain.
Manufacturing and supply chain expert, Lisa Anderson, president of LMA Consulting Group Inc., discussed factors that are driving the move to automation.
"The minority of clients that are proactive were using just-in-time principles, but in a way that works during the pandemic," said Lisa Anderson, President of the LMA Consulting Group. "As a decision-maker, I need to have a certain amount of safety stock, but I will replenish that as we take orders, and we'll replenish those reserves [...]
According to Prudential’s latest Pulse of the American Worker Survey, one in four workers plan to look for a job a different company once the pandemic has subsided. Additionally, a recent Robert Half survey found that 38% of workers feel stuck in their careers, and an EY survey found [...]
Listen as Lisa Anderson interviews Ian Oxnevad, and they talk about political risk and the global supply chain.
Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., discusses the latest supply chain shortages as the economy pushes to reopen completely.
