If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]
On a recent trip to Europe, I was fortunate to combine work with pleasure. Finland is diverse from Helsinki to the arctic circle, and we were thrilled to gain picturesque views of the northern lights. I was surprised there are multiple cruise ships that go from Helsinki to Estonia each day because the people and countries are interconnected.
CLAREMONT, Calif., April 11, 2023 /ExpertClick/ - Integrating supply chain technology, addressing supply chain talent scarcity, and unifying end-to-end port platforms are the biggest challenges for companies today, according to the Supply Chain Special Interest Group of The Society for the Advancement of Consulting® (SAC). Successful companies are adapting by [...]
CLAREMONT, Calif., March 21, 2023 /ExpertClick/ -- Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, known as the Strongest Link in Your Supply Chain® and President of LMA Consulting Group Inc., predicts that establishing processes is critical to strengthening the supply chain during tumultuous times. LMA Consulting Group [...]
Silicon Valley Bank's Failure kicked off panic in the financial markets and banking system. They had too much money tied up in long term bonds paying at low interest rates, and they didn't have the liquidity to keep up with the depositors requests to take money out of the [...]
In this episode, and the next, of Interlinks we talk to Lisa Anderson and Diane Garcia of LMA Consulting Group in Los Angeles, California who are co-authors of a new book titled SIOP – Creating Predictable Revenue and EBITDA Growth.
Volatility is the New Norm If there is one thing that is certain in today's world, it is that volatility and change are the new normal. VUCA (volatility, uncertainty, complexity, ambiguity) is top of mind for every client. For example, clients ask the following questions: What will happen next? [...]
The "Solution" to Successfully Dealing with Shortages, Delays & Inflation Supply Chains: There is No "Return to Normal" There is no "return to normal". Non-stop disruptions are the norm. Proactive clients are still struggling to hire the "right" talent in the "right" place at the "right" time. Material lead [...]
What is clear is that VUCA (volatility, uncertainty, complexity, ambiguity) is continuing in the forefront and will continue to be our "new normal". As I recently debated with the Wall Street Journal, we are in an era of non-stop disruptions. Look no further than the escalating war of Russia [...]
