Economic volatility and uncertainty are the new normal. Instead of lamenting, manufacturers have a unique opportunity. There has never been a better time to stand out from the crowd with a superior customer experience amidst the chaos.
I'm thrilled to launch our 2019 Predictions Report, "Manufacturing & Supply Chain in the New Normal: 2019 Predictions from Manufacturing & Logistics Executives" discussing what to expect and where to focus.
As we toured several e-commerce facilities such as UPS and Amazon, it became obvious that the sheer volume during peak season presents a huge dilemma. For example, UPS goes from 250-300 containers per night to 450 during peak season. Now that is quite a surge! Amazon has similar surges and stated facts such as 68 million orders on Cyber Monday.
“We have some of the most innovative companies in the world in the Inland Empire,” said Award Chair Lisa Anderson, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc, Manufacturing and Supply Chain Expert.
According to Industry Week, manufacturing employment increased almost 300,000 over the last year! This is after increasing around 200,000 the year prior which is more than a 40% increase.
If you are in manufacturing or relate to manufacturing, pay attention! There is plenty of opportunity to grow and thrive in today's business environment. What are you doing to take advantage of the vast potential?