Regional Manufacturing in the Medical Supply Chain
The supply chain has calmed down since the height of the pandemic; however, smart manufacturers are thinking ahead to changing conditions. Geopolitical risks are at an all-time high.
Why Manufacturing Matters & Will Thrive in the Next Decade
Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).
Local Sourcing Has Big Benefits for Business
Lisa Anderson was quoted in an article on the American Express website discussing why local sourcing can help benefit your business in a big way!
A Manufacturing Resurgence Is On Its Way
Manufacturing appears to be turning the corner. According to the ISM, the Purchasing Managers Index (PMI) recorded a contraction but at the slowest pace of the recent cycle. In fact, this is the third straight month of improvement.
Medtech’s Supply Chain: From Disruption to Opportunity
Although the supply chain challenges have abated since the COVID-19 pandemic, disruptions continue to persist and risks have increased. VUCA (volatility, uncertainty, complexity, ambiguity) has increased substantially in the world, negatively impacting the safety, security, and reliability of the supply chain.
West Coast Ports are Losing Volume: What Are the Successful Doing
According to PMSA (Pacific Merchant Shipping Association), the five big West Coast ports have lost volume - 702,083 fewer loads and empties were handled in January and February 2023 than in the same period pre-pandemic in 2019. This equates to close to a 16% reduction. Specifically, the Port of Long Beach was off by 18.7% from January 2019 [...]
Are You Rethinking Your Supply Chain Strategy?
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
Austin, It’s Skyline & Manufacturing Hub
I recently went to Austin, TX to speak at the MPO (Medical Product Outsourcing) Summit on reshoring and nearshoring in the medical device industry. While deep diving into the healthcare products/ medtech industry, I took a few days to see the sites of Austin. See below for a few of my favorites including an incredible skyline.
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 [...]
MPO Summit Shifting Manufacturing: Is Nearshoring the Answer for Medtech?
Lisa Anderson participated on a panel discussion to discuss nearshoring in the Medtech industry with Steven A. Colantuoni, Director of Corporate Marketing, The Central American Group, Yarisol Lopez, Deputy Executive Director, National Free Zones Council of the Dominican Republic, and Carlos Wong, Managing Director, Coyol Free Zone (Costa Rica).