Do You Have Suppliers or Partners?
Partners are always prioritized over transactional suppliers during times of allocation and disruption. Supply chain disruptions were up 88% in 2021, according to Resilinc, a leading supply chain risk monitoring and mapping solution. Lifesciences and healthcare were two of the industries most impacted by these record-breaking supply shortages. Companies [...]
LMA Advocate 2020: Shannon Reininger – Tips for Success
In 2015, we kicked off the LMA Advocate awards to recognize those people who have been instrumental to our growth and success. We started with 10 people to celebrate the 10 years since we started the business, and we now add one each year. Although I’ve learned plenty along the [...]
The Resilient Supply Chain: Vendors or Partners?
The Resilient Supply Chain: Does Supplier Negotiation Work?
Lessons learned from my Procurement Mentor: Negotiations Success
My procurement mentor exemplifies "profit through people" and can achieve more on a golf course in 2 hours than an entire team of Harvard MBA's could achieve in a year. He took all the complex terminology, confusing pricing indicators, economic trends and world events and turned it into a [...]
Cutting through Red Tape in Government Procurement
Published in ThomasNet News on July 10, 2012 Lisa Anderson, founder and president of LMA Consulting Group, Inc. whose firm consults with businesses on strategic operations, supply chain, operations management and other disciplines, nevertheless cautions, "If your business isn't focused around a core competency that relates to government contracts, [...]