I was interviewed by the Intelligent Enterprise Leaders Alliance for their latest publication recently. Industry 4.0 is the next frontier of smart manufacturing. In the interview we discussed the smart way to embrace industry 4.0 with targeted, tactical, and transformative projects.
Distributors play a critical role in the supply chain in connecting manufacturers to customers with inventory, logistics, and fulfillment. As tariffs, geopolitical risks, and tax and regulatory changes take place, supply chains will evolve. Forward-thinking distributors are determining how to mitigate risks and take advantage of the opportunities that emerge with artificial intelligence and advanced technologies.
Global supply chains are being reshaped by shifting tariffs, trade regulations and geopolitical uncertainty. In this ASCM Inland Empire webinar, Lisa Anderson, President of ASCM-IE, and Ed Knab, international trade and customs expert, explore the ripple effects of tariffs on manufacturers and distributors—and the strategies companies can use to stay resilient.
Lisa Anderson participated on a panel for the Lou Desmond radio show to discuss the record-breaking month for the Southern California ports, the latest economic indicators for manufacturing and supply chain, impacts related to tariffs, and likely interest rate cuts in the fall as well as the importance of critical minerals in driving global supply chains.
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.
