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Future Proofing

Coronavirus Spurs Supply Chain into Prominence

March 11, 2020 The House of Representatives has launched a new Congressional Supply Chain Caucus. The coronavirus is spurring supply chain into the limelight. Certainly, as China is impacted, the effects to the supply chain will be felt throughout the world in 2-3 months (and sooner for countries [...]

Coronavirus and Impacts in the Supply Chain

February 17, 2020 I was talking with a Los Angeles Times reporter about the coronavirus a few days ago, and it spurred several thoughts about down-the-line impacts beyond the obvious. According to the Epoch Times, the coronavirus impacts will hit within the next few months. This makes perfect [...]

Are You Waiting Too Long to Future-Proof?

January 24, 2020 Although most economists do not see an immediate recession, there are plenty of concerning signs along with global volatility. Unfortunately, concern alone can create a recession unrelated to underlying factors. Meaning, we could have terrific fundamentals and results yet still go into a recession if fear [...]

Interview with Fender Guitar Executive

Can people and robots work side-by-side? It seems to be the hot topic lately.  Fender Guitar’s Senior VP of Operations, Ed Magee and I talked about talent, technology and transition after the Manufacturing Summit. At Fender, skilled craftsmen and craftswomen are critically important.  Yet, Fender also automates where it [...]

Beware of New Data Law in China & Its Impacts

January 31, 2020 According to the Epoch Times and International Business Attorney, John Tulac, China's new cybersecurity law poses a big risk for anyone doing business in China. In essence, if you send data to or from China, your data can be audited at any time. It certainly [...]

Future-Proofing Your Customers

In thinking about future-proofing your people, it makes sense to start with your customers. Have you thought about future-proofing your customers? The statistics are staggering. According to Outbound Engine, acquiring a new customer can cost five times more than retaining an existing customer. We wouldn't be surprised if the [...]

U.S., China Sign Historic Phase One Trade Deal

January 17, 2020 According to the National Association of Manufacturers press release, the U.S and China trade deal is an unprecedented phase one win for manufacturers.  Previously the NAM CEO lamented that "China has proven one of the most troubling markets in the world for manufacturers, due to its [...]

Amazon Kicks off the New Year by Creating Disruption

January 2, 2020 According to a Bloomberg article, Amazon kicked off the New Year by creating disruption. They have abruptly stopped buying products from some of their wholesalers, looking for ways to bypass wholesalers or push the cost to down the chain and increase profit. If your business depends [...]

NOW is the Time to Invest in Employees

Are you investing in your employees? If you have employees who want to do a good job but who don't have the tools and skills to accomplish this goal, you'll end up with frustrated employees who are not engaged. What percentage of your employees do you think are in [...]

2020-09-22T21:42:17+00:00December 24, 2019|Categories: Future Proofing, Talent|Tags: , , , , , , , , |

Supply Chain Made in Vietnam?

Vietnam has been the hot topic lately. After a visit recently, I saw first hand the potential along with the challenges. Clients are definitely evaluating changing the source of supply to Vietnam. And the question is should they? Or, alternatively, the question is whether they are moving fast enough? [...]

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