Since economics can have a dramatic impact on our business, it is worthwhile to pay attention - at a minimum. Attend sessions on economics trends, read economic updates, and dig into the key factors that are most likely to impact your business.
Take a look at your supply chain. How are you likely to be affected by changes to NAFTA? What risks should you account for?
When it comes to retaining your internal talent and your key supply chain partners, it is not terribly complex. Think about how you would like to be treated and what would attract you to want to work for or with your company.
According to Industry Week and the Reshoring Initiative, after two decades of job losses, we have turned the corner. If you are interested in taking advantage of this rare opportunity, you must be prepared!
When military spending increases, defense-related manufacturing booms. It isn't rocket science to figure that out; however, it can be tempting to wait too long for confirmation of orders.
As one of the panelists at the Manufacturers' Summit last week said, "Have you ever seen manufacturing in the news more than it has been lately?" Quite an intriguing point.
A recently released study by Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., indicates that 70% of US manufacturing executives expect near-sourcing to increase within the next five years.
Trump's trade policies impact the global supply chain - explore strategies for adaptation in this article by Lisa Anderson
Manufacturers considering insourcing to the U.S. and near-sourcing options to Mexico and other closely located countries because of the Amazon effect -- the need for rapid response to customer needs.
Are you prepared to leverage additional technology to remain competitive?
