Geopolitical risks and events happening around the globe can adversely impact medical device supply chains, creating delays, increasing costs, and causing other challenges for companies. Companies must pursue supply chain resiliency and additional strategies to succeed.
In this Supply Chain Byte, Lisa Anderson shares why cyber threats are becoming one of the biggest risks to manufacturing and distribution operations, and what leaders can do to stay ahead.
A manufacturing boom is on its way. Although it might not appear so according to clients' SIOP (Sales Inventory Operations Planning) models with weaker clients' backlogs and hesitant customers, we have no doubt it is imminent.
"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
Artificial intelligence (AI) and advanced technologies are more than digital upgrades — they’re powering a manufacturing reinvention and changing the manufacturing floor. In this Supply Chain Byte, Lisa Anderson highlights Hadrian’s vertically integrated model as a glimpse into the future.
Supply chain visibility allows companies to track and access real-time data across every tier of the supply chain, from raw materials at your suppliers' supplier to delivery of finished goods to your end customer. Supply chain visibility has become of paramount importance to ensure customer satisfaction and to profitable growth.
Increasing inventory levels is seen as a trade-off with service and efficiency levels; we find that a win-win-win is achievable. The key: Have the right inventory in the right place at the right time and gain a predictive view of demand to optimise your schedules to reduce inventory while increasing service and efficiency.
Lisa Anderson is weighing in on the recently passed One Big Beautiful Act, a sweeping piece of legislation aimed at stimulating domestic business investment and revitalizing U.S. manufacturing.
As LMA Consulting celebrates its 20 year anniversary date, we wanted to recognize key colleagues with our LMA Advocate and LMA Futurist awards.
