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 [...]
I went to Costa Rica with my brother and nephew, and so I've been thinking about the amazing Costa Rican biodiversity, beaches, birds and biotech manufacturing.
Supply chain expert Lisa Anderson says the global system has never been more volatile.
There is no doubt we are struggling with volatility in the supply chain. Inflation is the hot topic on one hand with rising prices, difficulty in finding people, wage inflation and much more.
Manufacturing and Supply Chain Expert Lisa Anderson, President of LMA Consulting Group has introduced Supply Chain Chats, a video and interview series that will provide insights, ideas and innovation to address current supply chain issues.
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group states there are operational and supply chain priorities required to be ready to absorb additional sales". One of the most important components is to have planning and scheduling processes required to be ready to absorb capabilities.
Manufacturing has struggled to produce what customers want on-time without spending a fortune and tying up excess cash unnecessarily in the wrong, "just-in-case" inventory. It is a tough environment spiraling out of control with supply chain chaos.
Lisa Anderson, a supply-chain management expert and the president of LMA Consulting Group, says if you’ve got the cash on hand now,"it’s not a bad idea to start your holiday shopping early this year."
According to the National Association of Manufacturers (NAM), 82% of manufacturers remain at least somewhat positive about their company's outlook. This statistic is especially interesting since 59% thought continued inflation would make a recession more likely in the next 12 months. Perhaps manufacturing should be even more positive as [...]
CLAREMONT, CALIFORNIA – June 22, 2022 – Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., has introduced Supply Chain Chats, a video and interview series that will provide insights, ideas and innovations to address current supply chain issues. LMA Consulting Group [...]
