Manufacturing Expands at Fastest Rate Since 2010
According to the Institute for Supply Management's Manufacturing Purchasing Managers' Index, manufacturing is on an upswing.
Manufacturing Gains
As one of the panelists at the Manufacturers' Summit last week said, "Have you ever seen manufacturing in the news more than it has been lately?" Quite an intriguing point.
Manufacturing is on the Rise
Just because many manufacturers are seeing a positive outlook to the future doesn't mean it will turn into a reality unless we back up the talk with action.
Near-shoring to increase in USA
A recently released study by Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., indicates that 70% of US manufacturing executives expect near-sourcing to increase within the next five years.
Manufacturing Innovation
Manufacturing innovation is the highlight at this summit, where creative solutions and industry trends will be the focus.
Trump’s Transportation Nominee Kicks Up Infrastructure
As one who drives the Los Angeles freeway system on a daily basis, it is obvious we need improvements; however, we also do not have time to deal with anything but a quick delivery of these improvements.
Thinking Long Term
We all know we should think long term. And we talk about thinking long term. But, do we actually think long term - and live with our decisions even when it's hard? Not nearly as often as we should!
Risk in Global Supply Chains is on the Rise
According to the Chartered Institute of Procurement and Supply (CIPS) risk index, risk is the highest since 2013. It is easy to become complacent. Are you adding risk into your supply chain conversations and plans?
Outsourcing, Insourcing or Near-Sourcing?
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
Will Your Supply Chain Risk Surprise You?
What happens when you have a break in your supply chain? Do you have contingency plans in place to mitigate business interruption?