Tag Archive: focus

Trump Signs Order Prioritizing AI Research

March 18th, 2019

According to the White House, President Trump signed an executive order directing the U.S. Government to prioritize artificial intelligence in its research and development spending. The focus is on ensuring that AI develops in sync with U.S. values and that training for the future workforce is prioritized. This is a culmination of meetings with Google, IBM and Microsoft and reflects the  commitment to focus on leading edge technologies. From an industry point-of-view, this focus is applauded.

The talk is that AI will transform entire industries. There is no doubt that without a focus on advanced technologies and the associated training and workforce efforts, you will be left in the dust, similar to looking for a payphone along the side of the road. Whether in a meeting with CEOs or the consortium for supply chain and advanced manufacturing excellence or at a client focused on increasing demand, AI is a part of the discussion.

I just so happen to be attending a Microsoft Dynamics Day to stay up-to-speed on the latest technologies.  AI has already arisen as a key topic and focus area. Microsoft is building AI into their tools. Here is a press release explaining AI in the recent release of the software. Of course, Microsoft is just an example as every leading edge technology player has at least some level of focus on AI.

What Should We Consider and/or What Impacts Could Arise?
There is no doubt about it. AI will impact every industry in some way, whether directly, through suppliers or customers or in terms of service and cost expectations. I never recommend jumping on a bandwagon blindly. After all, how many companies outsourced when it was “the craze” and now regret that decision because it didn’t make sense when looking at the full picture? Plenty! On the other hand, you must be informed and consider the options and implications for your business.

There are many opportunities to learn about AI and its potential impacts so that you can integrate in your strategy. For example, our APICS Inland Empire chapter‘s upcoming Executive Panel and Networking Symposium will be on the topic, “Manufacturing & Supply Chain Talent Transformation: People or Robots?“. Join us for this education and networking opportunity. However, this is just one option. Ask your CEO group. I see this as a valuable benefit from collaborating with peers! Contact me if you’d like a referral. Attend a trade or industry conference. Read industry magazines and the Wall Street Journal. Pay attention to the news related to your industry, your suppliers, your transportation partners and your customers. Talk with an expert and/or ask your expert to assess your situation and provide recommendations.

In our view, keeping key technologies such as AI top of mind is part of creating a resilient supply chain. Without a doubt, those with a resilient supply chain are far more likely to succeed in these changing times. To learn more about how to create a resilient supply chain to navigate disruption and achieve peak performance, check out our new series or contact us for customized expertise.

 

 

 



My ProVisors Ontario Group’s 5 Year Anniversary and Amazing Business Connections

October 2nd, 2017

I've Been Thinking

I am the Group Leader for the ProVisors (a top notch group of trusted advisors to business executives and owners) Ontario. Last week, we celebrated our 5 year anniversary – aren’t we a sharp-looking group! HUNDREDS of referrals and business connections later, we continue to be quite successful and have increased the value we provide to our collective clients. I know my clients have benefited.

Provisors Ontario

When I joined ProVisors as a member, I truly had no idea how I would provide introductions and facilitate connections to some of the members. Their professions just didn’t seem to arise much in my consulting profession. Fast-forward seven years and I LOVE to be able to connect people. I can’t remember the last time I received even the most obscure request where I couldn’t find someone, who knows someone, to meet the need. Talk about the value of connections!

One tip to implement this week: 

Take stock of your connections. Start by making a simple list of the people you know. Think about everyone: alumni connections, trade association connections, work connections, personal life connections, service providers etc. I bet you know more people than you realize. If your list feels light, make a concerted effort to meet a one or two people this week and get to know them professionally and add them to your circle.

Next, look for a way to provide value to five of your most valued connections – perhaps one a day. At a minimum, pick up the phone and give them a call. That will spur ideas on how to create value or, perhaps, you’ll have an idea right on the spot during the phone call. Often, the simple act of the phone call demonstrates that you care and goes a long way. Do the same thing the following week. I bet you’ll be surprised how it evolves! Keep me posted and tell me about your networking successes.

 

Read more about the benefits of quality business relationships.

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Supply Chain Expert Lisa Anderson Shares Big Picture Perspectives for Profit Opportunities

August 15th, 2017

“I’ve Been Thinking” Shares 101 Universal Business Lessons Learned

CLAREMONT, Calif., Aug. 15, 2017 – Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting and a well-known leader in supply chain innovation and transformation has gathered her “lessons learned” blog and newsletter commentaries into a new book called I’ve Been Thinking: Turning Everyday Interactions into Profitable Opportunities which is an inspiring collection of 101 strategies for creating bold customer promises and profits. “I’ve Been Thinking” connects the power of observation, the value of collaboration and the application of practical solutions to keep the customer at the pivot-point of all company decisions.

“Businesses retain my services to uncover growth and profit opportunities and to overcome disruptors to the business. What I have found is that no matter the size of firm, the specific industry or issue at hand, it all comes down to the customer,” she said. Ms. Anderson’s practice focuses on aligning the customers’ needs with the optimal strategies, resources and systems infrastructure to maximize the customer experience, cash flow and profit. When connecting the dots within an organization, universal learnings become apparent. I’ve Been Thinking includes perspectives ranging from customer service, team members and innovation to leadership, preparation and risk. Topics include:

  • Shangri-La: The Best Hotel Service Bar None
  • Innovation Does Not Require New
  • The Value of Simplification
  • No Risk, No Reward

“The book was a natural for me. I learn lessons every day from client experiences. Most are uncommon common sense because we tend to make things more complicated than they are. And, they are universal. I’ve Been Thinking can be valuable to all business leaders – not just manufacturers and distributors. After all, customer expectations are high in every business segment and increasing every day,” Ms. Anderson said.

I’ve Been Thinking can be a valuable resource for executives, middle managers and young professionals interested in learning from a pro. The book is available as a paperback and digitally through the LMA Consulting website, Amazon and through iTunes.

About LMA Consulting Group – Lisa Anderson, MBA, CSCP, CLTD

Lisa Anderson is the founder and president of LMA Consulting Group, Inc., a consulting firm that helps manufacturers and distributors innovate, elevate and transform their end-to-end supply chain to align with customer demand. Ms. Anderson has been named a Top 50 ERP Influencer by Washington-Frank and ranked in the top 46 most influential in Supply Chain by SAP. She is a regular content contributor on topics including supply chain, ERP and SIOP and is regularly interviewed and quoted by publications such as Industry Week, tED magazine and the Wall Street Journal. For more information or to sign up for her Profit Through PeopleTM Newsletter, visit LMA-ConsultingGroup.com

Media Contact
Kathleen McEntee  | 760-262–4080 | KMcEntee@KMcEnteeAssoc.com

 



Getting Out of the Weeds to See the Forest

August 4th, 2017
Turning Everyday Interactions into Profitable Opportunities

I’ve been working with several clients recently who are interested in “getting out of the weeds” so that they can “see the forest”. In a few cases, we’ve talked about strategy and reviewed key information about customers, demand, supply and financials. Although there were benefits to each piece (including being able to make decisions such as in-sourcing/outsourcing, equipment purchases, lease renegotiation, and hiring), it was no comparison to the value of being able to see the BIG PICTURE.   

See the big picture, the forest not the trees!

Similar to driving to work every day and not remembering how you got there, we are often caught in the weeds of day-to-day execution. These events can be vital to the business but we can miss the larger forest by never taking a step back. For example, we could be focused on improving a process like order entry for a specific customer with an eye to making it ‘perfect or ideal’ and miss the point – why are we entering orders for this customer in the first place? It is strategically necessary? How does this step affect others along the process?

One tip to implement this week: 

Seeing the big picture is a sometimes a unique talent; however, you also can deliberately set out to improve your vision of the big picture. Why not dedicate time this week to a few simple tasks? Start by thinking about these questions:

  • Why am I performing this process or step?  
  • Can I see beyond the next step? What is the end goal?  
  • Once you’re thinking more about the forest, take a step back to observe. Have you been “seeing” what is really going on and how what you’re doing fits in?  

Note: seeing the bigger picture isn’t a solo activity. Collaborate with your peers, employees, managers, customers, suppliers, and trusted advisers where appropriate. Be on the lookout for this result – the end goal. Have you ever noticed that if you plan to buy a car, suddenly you see many more cars on the road that look good? Or, if you are having a baby, suddenly babies appear out of the woodwork everywhere you go? The same concept applies as you look for the big picture. Soon, it will emerge – and you will emerge from the weeds.   

 

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Sticking to Priorities

December 9th, 2015

supply chainSticking to priorities is always important; however, it can be especially challenging during the holiday season as there are so many demands on our time. For example, today I had a key priority that had to be completed for a client. I knew it would take substantial time, and I had been working on it for a while. I had postponed it in order to address personal priorities, and so I knew it had to be #1.

There were countless distractions, seemingly important tasks and conflicting priorities. However instead of being deterred, I stuck to my priorities, completed the project, and then went on to the numerous other demands – including this newsletter. This sounds much easier than it is to accomplish – what are tricks of the trade to stick to your priorities?

One tip to implement this week:

The great news is that most of us have far too many priorities; thus, picking an important one shouldn’t be difficult. Once we’ve chosen a top priority (do not worry about perfection; the worst case scenario is that we’ll pick an important priority vs. the most important priority), take a step back to think about your plan to complete/address this priority. If it includes a task, plan it into your calendar. Talk is cheap; instead, start taking action.

Consider scheduling something you enjoy at a key milestone in the process. For example, I enjoy eating lunch outside, and so I might take an hour out of the schedule to go to one of my favorite restaurants as I reach a morning milestone.

Communicate your goal verbally. I committed to a particular deadline and communicated that to several folks. If I started to go off-track, not only would these folks likely help steer me back on track but they also would help hold me accountable. Find partners. Business is a team sport!

Looking for more ideas to keep your supply chain connected? Access more tips and resources on my blog. And keep connected by subscribing to my newsletter and email feed of “I’ve Been Thinking…”