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 [...]
In this episode of Supply Chain Chats, Lisa Anderson talks about impacts on the global supply chain from the Russia-Ukraine war and the infant formula crisis. She discusses a client challenge related to the availability and pricing of nickel stemming from the Russia-Ukraine war and how the client proactively addressed the issue.
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.
We are in a time period that will prove more important than almost any other because more companies will surge past the competition during these turbulent times, propelling them forward for years to come. Executives will have a choice - push the pedal to the floor and achieve success or be tentative and pull on the parking brake and slowly retreat and decline.
In this discussion we explore some of the challenges and remedies that companies across the sectors are encountering as they face into the post-COVID future and the challenge of a never normal world with ongoing supply chain disruptions, geopolitical tensions, and climate change.
Since the pandemic, it has been a constant battle to ensure material availability, let alone to proactively manage cost and service. Even the most proactive and successful clients have experienced brief shortages of key materials and extended lead-times. The rest have been plagued with these issues.
