Shocks and events such as the war in Ukraine, the pandemic and Brexit, among other may feel like they have appeared out of nowhere, but these events are taking place within the context of overarching trends that are unmoved by these short-term shocks and events. This provides us with another perspective on how to react and devise successful supply chain strategies as we look to the future.
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
I recently went to Austin, TX to speak at the MPO (Medical Product Outsourcing) Summit on reshoring and nearshoring in the medical device industry. While deep diving into the healthcare products/ medtech industry, I took a few days to see the sites of Austin. See below for a few of my favorites including an incredible skyline.
The Global State of Affairs The bottom line: It is a mess! What is going on? Unfortunately, there is a lot of volatility, and it will not smooth out anytime soon. For example: Russia/ Ukraine war: The Russia/ Ukraine war rages on and shows signs of escalation. There are [...]
Reprinted with permission from GLOBAL REPORT CONSTRUCTION EQUIPMENT & TECHNOLOGY 2022 Supply chain complications are more than just an inconvenience to the construction equipment manufacturing industry. Successfully navigating the supply chain has never been more essential to the financial health of our industry and the difficulties involved are creating [...]
I am co-Executive Director of the Society for the Advancement of Consulting, and during our Annual Meeting, I facilitated a panel about the state of supply chain.
Managing capacity during these turbulent times in a complex, volatile, long-lead time environment has proven quite the challenge. During the pandemic, sales volumes either dropped like a rock or skyrocketed with no middle ground. Most manufacturers have not been able to keep up with demand in the last year [...]
The world has all sorts of complications and challenges going on simultaneously: The Russia-Ukraine war is heating up, driving a severe energy shortage in Europe as Russia turned off the gas pipeline. The China-Taiwan tensions continue to gain steam with advanced computer chips at the crux of the conflict. The baby formula challenges carry on with flights [...]
Supply chain disruptions continue at a break-neck pace.
Lisa Anderson participated on a panel discussion to discuss nearshoring in the Medtech industry with Steven A. Colantuoni, Director of Corporate Marketing, The Central American Group, Yarisol Lopez, Deputy Executive Director, National Free Zones Council of the Dominican Republic, and Carlos Wong, Managing Director, Coyol Free Zone (Costa Rica).
