Logistics costs have been staggering. According to the 33rd Annual State of Logistics report produced by the Council of Supply Chain Management Professionals by the global consulting firm Kearney and presented by Penske Logistics, U.S. business logistics costs rose by 22.4% last year.
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries.
"Unfortunately, I just don't see anything in the next year or two that's going to lessen the number of disruptions," says Lisa Anderson, a supply chain expert and president of California-based LMA Consulting Group.
Lisa Anderson, a supply chain expert and President of California-based LMA Consulting Group comments that she just doesn’t see anything in the next year or two that’s going to decrease the number of disruptions.
Manufacturers utilize less than 20% of the full functionality of their ERP systems. But the key question is, why does it matter? In today’s inflationary and supply chain disrupted business environment, manufacturers need to automate and digitize to ‘do more with less’ and thrive during these volatile times. One important way to achieve this goal is to further leverage your ERP system where it will make a difference.
Conversation with my colleagues from the Society for the Advancement of Consulting’s Supply Chain Special Interest Group, Lisa Anderson from Los Angeles, California and Antonio Zrilic from Zagreb, Croatia discussing inflation busting strategies that companies can adopt to ameliorate the effects of rising inflation.
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).