Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., states”supply chains are going to be volatile until our world order becomes more predictable” in a press release, which was picked up by Southern CA CEO.
The war in Ukraine, the shutdowns throughout China and the threats to Taiwan are just a few of the supply chain problems facing manufacturers. And, it’s the trickle-down effect. For example, the war in Ukraine has had far-reaching effects from the obvious distraction of combat and people being displaced from their homes. The war is affecting everything from gas and energy to grain and other foodstuffs. While Europe is feeling it severely, the impact is being felt globally,” Ms. Anderson commented.
There is no easy answer. Certain regions are rich in natural resources. Others are abundant in land and their ability to grow and harvest crops. It’s the coalescence of these strengths that provides for world demand. “No region or manufacturer is a silo any longer. Supply chains need to rely on the strengths of their partners to become resilient. We are seeing more collaboration. And, we are seeing our customers leveraging global supply chains – whether their own or accessing through their partners. The most recent example of leveraging a global supply chain is the shipment of infant formula from Ireland.