The Future of the Supply Chain – Thriving into 2024
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.
The awareness of the importance of international supply chains has grown in recent years, not just among the business fraternity, but more widely in the media, among politicians and ordinary citizens as well.
Manufacturing is making a resurgence in the U.S. and other countries around the world. According to the U.S. Bureau of Labor Statistics, there is a shortage of 550,000 stable manufacturing jobs to be filled in manufacturing businesses nationwide.
Executives are tired after surviving the pandemic, navigating supply chain disruptions, handling soaring inflation, and dealing with one challenge after another. However, it is not time to rest as supply chain risks abound.
The critical importance for owners and business leaders to understand how current events can significantly impact their supply chains. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
Prior to Uber, a medallion (a transferable permit that allows a taxi driver to operate) cost $1 million dollars in New York city. It was a powerful permit with substantial value. After Uber started up, the low point for a medallion was around $25,000. That is a 40-fold reduction [...]
CLAREMONT, Calif., August 1, 2023/ExpertClick/ -- Proactive innovation and disruption are helping businesses to succeed in the current volatile economic environment, according to The Society for the Advancement of Consulting® (SAC). The best companies are leveraging their culture of innovation and advanced technologies to enhance customer experience. Without it, [...]
The world of supply chain and logistics has been plagued with volatility, disruptions, geopolitical issues, concerns about energy availability and transition, increased regulations, and rare earths.
A UPS strike was averted on the last day of the quarter, but it still hangs in the balance as the two sides are not on the same page! The head of the union said an imminent strike was likely when a counterproposal fell flat. Now that a new counterproposal was submitted, the imminent strike was called off with a new date set within a week.
ERP and related technologies should only be a priority if you want to grow and succeed for decades to come. If not, it will be the same as if you said you wanted to stick with the horse and buggy instead of leaping into a Ford.