Listen as Lisa Anderson, supply chain consultant and president of LMA Consulting explains that the supply chain is a system of systems and what is happening and why we are off-kilter".
We are in peak season in a peak year. Capacity is limited across the board. From a supply chain perspective, there is extremely limited availability of containers, chassis, port resources, trucks, warehouses, etc. From a manufacturing perspective, it isn't much better as materials, supplies, people and more are in [...]
"Working with manufacturers in multiple industries, it's quite clear with we're all competing for many of the same materials, including computer chips and microchips said Lisa Anderson, supply chain consultant and president of LMA Consulting.
Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., talks about how to cope with the turmoil and its effect on manufacturers, their suppliers and their customers.
According to a recent National Association of Manufacturers (NAM) survey, the vast majority (88%) expect sales, production and prices to increase next year despite the supply challenges. In working with clients across multiple industries such as biotech, building and construction products, and food and beverage, there is no doubt [...]
"Manufacturers looking for any kinds of raw materials or ingredients are having to revise their schedules continuously, and it's a daily challenge," said Lisa Anderson, supply chain consultant and president of LMA Consulting. "There are issues from one end of the spectrum to the other."
Significant supply chain disruption is impacting the client revenue and impacting their ability to service customers said Lisa Anderson, president of ASCM Inland Empire Chapter and LMA Consulting Group.
According to Industry Week, Toyota has cut production by 40% due to supply challenges. In addition to the semiconductor chips, COVID is raging in Southeast Asia, causing further supply chain challenges. The bottom line is that there are widespread supply chain challenges!
According to Reuters, manufacturing gained significantly during the pandemic and remains strong.
The world has experienced unprecedented disruption during/ post pandemic. This has led to significant volatility, shortages, and chaos in supply chain, materials and logistics.
