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supply chain risk

Diversify to Thrive in Manufacturing & Supply Chain

If you are dependent on any region, non-friendly country, customer, supplier, material, or anything noteworthy to your success, you must diversify. Although this concept has always been true, the pandemic highlighted the critical importance. Some companies simply lost their source of supply overnight and have not recovered if not diversified.

Supply Chain Disruptions & Chokepoints Dominate

The latest Francis Scott Key Bridge collapse has caused massive diversions on the East Coast and in the Baltimore region and points out the need for backup sources of supply and agility in the supply chain.

Reallocating Manufacturing & Supply Chain Capacity to Mitigate Risk & Ensure Success

The supply chain is in a constant state of disruption. As we discussed on Supply Chain Chats, simple backup plans are no longer enough. In fact, you can look at recent events and determine if a backup is sufficient. Starting with the pandemic, of course, most if not all companies didn't have a sufficient enough backup plan.

Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing

COVID-19 may no longer be a significant public health threat, but the global supply chain remains chock full of risk. The threats are seemingly everywhere these days: The Israel-Hamas war, which is sabotaging trade routes in the Red Sea; extreme drought, which is curtailing shipping in the Panama Canal, and China’s military aggression, which is threatening lawful commerce in the South China Sea.

Key Bridge Collapse Means $2 Million a Day in Lost Worker Wages

Lisa Anderson was quoted in Inc. on the effect on local business of the Francis Scott Key bridge collapse, and the ripple effect on the supply chain.

Baltimore Bridge Collapse to Have ‘Slight Impact’ on US Economy as Reroutes Add Up, Raising Overall Inflation: Consultant

NTD TV in New York interviewed Lisa Anderson about the Baltimore Bridge Collapse the Supply Chain Impact to discuss the economic impact.

The Global Supply Chain: Issues and Options

In this episode of Supply Chain Chats, Lisa Anderson talks about the state of affairs in the global supply chain. From the drought impacting container ship capacity in the Panama Canal to the Iran-backed Houthi rebels attacking container ships in the Suez Canal to the Chinese aggression towards Taiwan and ships passing in the South China Seas, risks are increasing across the global supply chain.

How Baltimore’s Key Bridge collapse will affect supply chains and the economy

The Francis Scott Key Bridge now lies partially submerged in the Patapsco River after a catastrophic cargo ship collision this week. Here’s how the Key Bridge collapse may affect the port’s operation.

Lisa Anderson, Supply Chain Expert Discusses Ripple Effects of the Francis Scott Key Bridge Collapse on Global Supply Chains

Lisa Anderson emphasizes the profound and wide-ranging impacts on global supply chains. The bridge’s destruction not only disrupts local traffic and logistics but also sends shockwaves through international trade routes, highlighting the critical need for robust supply chain resilience strategies.

Inc.: Baltimore’s Business Community Grapples With Impact of Francis Scott Key Bridge Collapse

The Baltimore disaster is expected to further compound the stress already placed on the global freight system. “Container shipping traffic has already been quite disrupted, because of the drought going on in the Panama Canal–ships from there [are] going through the Suez Canal to come to the east coast of the U.S. from Northeast Asia,” says Lisa Anderson.
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