Companies are overwhelmed with data. There is ERP related data, global supply chain data, world economic data, industry and market data, customer and supplier data, email communications, and the list goes on.
In the last month, we've participated in at least six economic forecast presentations or discussions with experts (economic, banking, investment, manufacturing). Although they each had nuances, common themes emerged. Adding our expertise into the mix, we see volatility on the horizon.
Lisa Anderson of LMA Consulting Group was quoted in the Snowflake blog about how data is critical to healthcare - especially in times of supply chain vulnerability as a result of natural and man-made disasters.
In working across company sizes, industries, and geographies, in almost 20 years of business consulting, every single client without exception needed to better utilize data to improve customer service and bottom line results. Smart clients are turning data into insights so that they can pinpoint where to focus quickly.
I went to Finland to see the northern lights, or the aurora borealis. Getting there is no piece of cake. We flew through London, took a 2-3 hour flight to Helsinki, Finland, and then took another flight to northern Finland (almost another 2 hours) and then drove 40 minutes to the resort (of course, north). It isn't for the faint of heart with temperatures in the negative numbers, requiring 6 or 7 layers minimum to allow you to stay outside for short bursts of time (although not very long as you'll start growing icicles), but the experience is worth it!
It depends. Being the first to upgrade for each new fad is a waste of resources for little, if any, benefit. On the other hand, if the upgrade supports your ability to serve customers and grow profitably, it will become a "must".
The LMA Experience: Geoff Michalak, Integrated Business Planning Manager, Armacell LLC discusses their experience with LMA Consulting.
Improved supplier data will give your supply chain the competitive advantage to drive customer loyalty.
One issue of significant importance during the current volatile times that was also key during previous periods (aggressive growth prior to the pandemic, the downturn of the Great Recession, etc.) is the critical importance of providing a superior customer experience. It is evergreen for companies that want to grow [...]
Challenges of Integrating Technology Across Supply Chain - Pac Rim/ North America Perspectives
