Lisa Anderson shared advice for how to succeed in 2023 with Flexport. She was joined by global logistics experts to discuss how to thrive in 2023.
“It’s hard to believe that 2023 marks three years since the start of the COVID-19 pandemic and the slew of supply chain disruptions it triggered globally. As businesses of all sizes continue to navigate economic uncertainty, shipping delays, and supply chain bottlenecks, successful brands have learned that flexibility and visibility are the keys to weathering unexpected supply chain chaos.
The new year is the perfect opportunity to rethink your supply chain strategy, but where should you start? In this “2023 Supply Chain Planning Playbook,” we’ve gathered timely and actionable predictions and planning tips from global experts to help you prepare for what 2023 may hold. We want to give a huge thank you to all the experts that weighed in with their valuable insights and advice.
Dive into expert predictions on what you should prioritize during planning, the biggest logistics challenges to expect, ways to optimize for every opportunity, and the 10 key trends that will shape the future of global trade.
As businesses continue to navigate economic uncertainty, shipping delays and bottlenecks, supply chain flexibility and visibility are crucial to weathering unexpected chaos.
‘Since logistics is a system of systems, when out of alignment, there are repercussions throughout the supply chain. The largest challenge in 2023 will be navigating continued global disruption while supply chains are reshaped,’ said Lisa Anderson of LMA Consulting.
Companies can optimize and increase resilience and profitability—and in turn their bottom lines—by redesigning their supply chains to be more flexible, agile, and responsive to market changes. Traditional planning approaches limit flexibility in global supply chains making it hard to respond quickly to changes in customer demand, market shifts, and economic downturns.
‘Shippers should prioritize the SIOP (Sales, Inventory, and Operations Planning) process to remain resilient to changing conditions, while improving customer service, profitability, and cash flow,’ Lisa added.”
To read the full article, click here.