The MacGyver Approach: Leveraging Your Underutilized ERP Asset
Can You More Fully Utilize Your ERP System? Undoubtedly, yes. ERP has always been a core specialty of LMA Consulting, and we have worked with every single client on selecting, utilizing, and upgrading ERP capabilities. In our experience, 100% of clients can more fully utilize their ERP system. Why [...]
Right-size Inventory to Thrive During Inflationary & Recessionary Times
Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]
Taking Control: Reshoring, Nearshoring, Friendly Shoring & Manufacturing Expansion
The Global State of Affairs The bottom line: It is a mess! What is going on? Unfortunately, there is a lot of volatility, and it will not smooth out anytime soon. For example: Russia/ Ukraine war: The Russia/ Ukraine war rages on and shows signs of escalation. There are [...]
Global Report: Supply Chain Management: The Haves and The Have-Nots… and Not Everyone Will Survive
Reprinted with permission from GLOBAL REPORT CONSTRUCTION EQUIPMENT & TECHNOLOGY 2022 Supply chain complications are more than just an inconvenience to the construction equipment manufacturing industry. Successfully navigating the supply chain has never been more essential to the financial health of our industry and the difficulties involved are creating [...]