According to the Hackett Group, 77% of companies have strengthened their commitment to digital transformation due to the COVID crisis. In fact, they are not only strengthening their commitment, but the pace of adoption is increasing. A McKinsey survey found that the pandemic has significantly accelerated the pace of [...]
“There’s a lot of things you can do these days with IoT and technology to better monitor the vehicles and its drivers” comments Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc.
Today’s challenging economic environment is forcing organizations to be more agile than ever to satisfy evolving customer demands. This requires more efficient warehouse management grounded in metrics that effectively measure performance and provide insight into supply chain behaviors. Join our upcoming webinar for a discussion on how to leverage [...]
I had the pleasure of representing the United States in the World Manufacturing Forum in thesession “Back to the Future: Manufacturing Beyond COVID-19“. I talked about the fact that weare at a crossroads between efficiency/ costs and resiliency/ responsiveness, how to turn that orinto an [...]
According to surveys in both North America and Europe, executives are not just talking about reshoring; they are taking action. Does that mean globalization is dead?
“In the new reality brought by COVID-19, executives will be more concerned about risk and how to be prepared for rapidly changing customer conditions,” said Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc.
The Manufacturing sector and global economy in general are being affected by the COVID-19 outbreak. Knowing that we will have to adapt to a “New Normal”, it will be crucial to anticipate the economic and social changes that will be needed to reduce the negative [...]
As manufacturers and distributors emerge from the coronavirus pandemic, they are focused on how to grow revenue and become more efficient and profitable to offset the typically negative impacts of COVID. In the situations where business has grown exponentially in consumer industries such as B2C (e-commerce), home improvement and [...]
According to a McKinsey survey about COVID-19’s impact on operations and the future supply chain, supply chain leaders believe it will be transformed. For example, close to 75% experienced issues in the production, distribution and supplier footprint that will require changes in the future, and a whopping 93% of [...]
Once a full list of suppliers has been created, the next step for managing in the pandemic is to prioritize the most important of those on the list. This exercise should be based not so much on the volume driven by a supplier, but rather how critical they are [...]
