Are You Rethinking Your Supply Chain Strategy?
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.
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.
In a business environment marked by inflation, rising interest rates, and economic uncertainty, inventory decisions have never carried more weight. The challenge is no longer simply managing inventory—it is right-sizing it to align with demand, service expectations, and financial goals.
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 [...]
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 with organizations to improve and protect supply chains by initiating cross-organizational alignment.
During times of volatility it is of paramount importance to stay in tune with your customers. Otherwise, you could set and execute strategies that are a waste of limited time, money, and resources as conditions evolve. We are seeing a great reset occur. Baby boomer owners of closely-held companies are selling.
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.
Supply Chain Series - Lisa Anderson Supply Chain Expert Series featuring Lisa Anderson - Founder and President, LMA Consulting Group, shares her insights on what is impacting supply chains today and how supply chain leaders can future-proof their supply chains.