Geopolitical risks and events happening around the globe can adversely impact medical device supply chains, creating delays, increasing costs, and causing other challenges for companies. Companies must pursue supply chain resiliency and additional strategies to succeed.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
Increasing inventory levels is seen as a trade-off with service and efficiency levels; we find that a win-win-win is achievable. The key: Have the right inventory in the right place at the right time and gain a predictive view of demand to optimise your schedules to reduce inventory while increasing service and efficiency.
Encouraging strong teamwork paves the way for successful projects completion which contribute to company improvements and growth.
Since tariffs went into effect, supply chain vulnerabilities have been exposed. We are in a global supply chain with wildly varying levels of risk and exposure depending on the country of origin, product composition and each specific company's strategy.
As geopolitical unrest, natural disasters, and shifting trade policies upend global logistics, resilient companies are transforming their supply chains to gain competitive advantage and ensure growth.
Lisa Anderson discussed the future of talent for manufacturers, distributors and supply chain organizations and the impact of automation, robotics, and advanced technologies
Lisa Anderson of LMA Consulting Group has been recognized as a leading woman driving innovation in logistics and supply chain by Global Trade. As the supply chain has become more complex and interconnected, predictive agility, forward-thinking innovation, and bold leadership have become integral to success.
What Happens If You Abandon Your Goods at Port? Experts say it’s a ‘nuclear option’ in a tariff war. Here’s what to know if you’re considering it. With tariffs hitting 50 percent or more for more than a dozen countries as part of President Trump’s ongoing trade war, a [...]
Lisa Anderson shares expert views on AI in supply chain planning, forecasting, SIOP, and real-time inventory visibility in a new publication from Intelligent Enterprise Leaders Alliance: 'AI & Analytics in Supply Chain'.
