What the Election Means for Manufacturing & Supply Chain
What does the election mean for manufacturing and supply chain? Will it be a continuation of the status quo, a surge for manufacturers, or a further dampening of the economy?
What does the election mean for manufacturing and supply chain? Will it be a continuation of the status quo, a surge for manufacturers, or a further dampening of the economy?
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
Lisa Anderson was interviewed by NTV news about the seriousness and potential impact of supply chain vulnerabilities. We discussed the attacks on the Iran-backed Hezbolloah as the pagers exploded, killing hundreds and exposing the seriousness of supply chain vulnerabilities.
Hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria. It appears to be a part of a plan of sophisticated, deadly attacks that targeted specific people, leaving 12 dead and thousands injured.
There is a potential for chaos in the logistics world with simultaneous strikes from Canada's rail workers and the U.S. East Coast and Gulf Coast longshoremen. It is gaining in likelihood each day as negotiations are not progressing.
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
Volatility, uncertainty, complexity, and ambiguity (VUCA) continues to rage and threaten manufacturers and supply chain chain organizations. The VUCA threshold skyrocketed during the pandemic, and it has not returned to normal.
There are many strategies to achieve innovation success. Here are a few that come to mind.
There is such a wide range of shocks that can happen to your supply chain and to the demand for what you’re making. Can you ever truly prepare? What kinds of projections are most useful, and how can you set yourself up for success if you do have the ability to anticipate a surge in demand?
Lisa Anderson, a supply chain expert and consultant who founded LMA Consulting Group, says projecting future demand is paramount when facing a demand surge.