We live in a supply chain disrupted world, and there is no end in sight. It started with the pandemic as the global supply chain got out of alignment. The 'right' inventory wasn't in the 'right' place at the 'right' time to support basic needs let alone nice-to-have items. [...]
Sustainability has become popular with consumers, employees and an imperative of large companies. After all, who wouldn't want to participate in saving the planet? In fact, I was interviewed for an Earth Day special "Our Changing Climate" (you'll see me featured in a few segments around 20 minutes in). From a corporate perspective, according to IBM Institute for Business Value, 51% of CEOs now rank sustainability as their greatest organizational challenge.
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group comments that supply chains are becoming more sophisticated and are ever changing.
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., works to protect client supply chains by focusing on supply chain visibility and driving the SIOP (Sales Inventory Operations Planning) process.
Our clients continue to experience an unprecedented level of volatility and complexity. The common themes include: Continued supply chain disruptions: From computer chips to commodities to everyday components/ materials, clients continue to experience shortages and/or extended lead times. Continued challenges in finding people: Whether you are looking for a [...]
The statistics have been staggering. Supply chain disruptions have cost companies an average of $182 million in lost revenue, according to an Interos Supply Chain report. Additionally, there are many unhappy customers in the wake of these disruptions. The bottom line is that the global supply chain [...]
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group discusses practical insights on how to unlock operating capital and fuel growth.
During times of volatility including inflation and recession, forecasting future sales becomes even more vital than it is during regular business cycles. Emerging from the pandemic, the global markets have experienced rising costs and significant demand. In the U.S. [...]
Manufacturers are experiencing continued inflationary pressures threatening customer service and profit margins with record-breaking price increases and lack of material availability. To add fuel to the fire, they are also starting to worry about preparing for a potential recession.
The successful companies will not only strive to be the strongest link in your supply chain, but they will ensure that the weakest link doesn't send their customers to the competition. You have a once-in-a-lifetime opportunity to secure your position as a market leader and thrive for years to come, if you choose to take advantage of the opportunity and start to act NOW.
