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Future Proofing Manufacturing & Supply

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2021-03-22T15:49:56-07:00March 4, 2020|

Download 2020 Predictions

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2020-11-03T16:05:30-08:00March 4, 2020|

Coronavirus and Impacts in the Supply Chain

February 17, 2020 I was talking with a Los Angeles Times reporter about the coronavirus a few days ago, and it spurred several thoughts about down-the-line impacts beyond the obvious. According to the Epoch Times, the coronavirus impacts will hit within the next few months. This makes perfect sense since lead times are typically between 2-3 months for our clients; thus, current shutdowns will start impacting in a few months. Although you should obviously spring to action if impacted, you should be thinking about future-proofing your supply chain regardless! Listen to my video about [...]

2024-02-15T21:33:31-08:00February 17, 2020|Supply Chain, Supply Chain Briefing|

Are You Waiting Too Long to Future-Proof?

January 24, 2020 Although most economists do not see an immediate recession, there are plenty of concerning signs along with global volatility. Unfortunately, concern alone can create a recession unrelated to underlying factors. Meaning, we could have terrific fundamentals and results yet still go into a recession if fear takes over! I wouldn’t want to be dependent on avoiding fear in the marketplace. Would you? Thus, we must all future-proof our manufacturing operations and extended supply chain! The worst thing you could do is wait for a recession to act. It is similar to [...]

2023-10-17T16:58:06-07:00February 14, 2020|Business & the Economy, I've Been Thinking|

Interview with Fender Guitar Executive

Can people and robots work side-by-side? It seems to be the hot topic lately.  Fender Guitar’s Senior VP of Operations, Ed Magee and I talked about talent, technology and transition after the Manufacturing Summit. At Fender, skilled craftsmen and craftswomen are critically important.  Yet, Fender also automates where it makes sense. Technology working hand-in-hand with your #1 asset, your people, can assist in improving the craftsmanship, as well as safety. Ed considers training and development to be a key to success. We also talked about potential recessions and disruption. Certainly, in today’s Amazon-impacted environment with global volatility, there will be [...]

Manufacturing Expert, Lisa Anderson, Gauges Last Decade Advancement to Position the Next

CLAREMONT, CALIFORNIA – January 30, 2020 –  Manufacturing and Supply Chain Expert,  Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., reaffirms that advancements in manufacturing during the 2010’s has positioned manufacturing for exponential growth in the 2020’s. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth. “There was so much advancement going on in manufacturing during the last decade that it is almost a blur.  The Amazon Effect, Skills Gap and Digital Revolution have all uniquely impacted manufacturing and [...]

2024-02-15T21:37:20-08:00February 3, 2020|Business & the Economy, Press Releases|

Careful Preparation Helps Drive Success in New and Emerging Markets

CLAREMONT, Calif., February 2, 2020/ExpertClick/ -- A business entering a new or emerging market must develop new perspectives and bring clear incremental value, according to The Society for the Advancement of Consulting® (SAC). A multi-faceted approach is best: from initial analysis and questioning your initial assumptions, to understanding the new market’s needs, and developing (or hiring) the right people. Move Fast: Dig Deep and Hire Key Talent “There is a vast opportunity for expansion into new and emerging markets,” points out Lisa Anderson, president of Claremont, CA-based LMA Consulting Group, Inc.  a manufacturing and export expert known for future-proofing your [...]

2024-02-16T18:02:17-08:00February 2, 2020|Business & the Economy, In The News, Press Releases|

Beware of New Data Law in China & Its Impacts

January 31, 2020 According to the Epoch Times and International Business Attorney, John Tulac, China's new cybersecurity law poses a big risk for anyone doing business in China. In essence, if you send data to or from China, your data can be audited at any time. It certainly is concerning from many standpoints such as intellectual property, trade secrets, and more. Listen to my short video on this new law and impacts to consider. John and I talk about this law as well as many other topics related to doing business in China, alternatives [...]

Future-Proofing Your Customers

In thinking about future-proofing your people, it makes sense to start with your customers. Have you thought about future-proofing your customers? The statistics are staggering. According to Outbound Engine, acquiring a new customer can cost five times more than retaining an existing customer. We wouldn't be surprised if the actual cost is far greater if direct and indirect costs are combined. It certainly should give us pause. How do we future proof our customers? One way is to focus on the Amazon Effect and providing lighting speed delivery and tirelessly differentiated service. There is no doubt customers expect more. The [...]

2024-02-16T18:06:15-08:00January 30, 2020|Customer Service / Sales|

Future-proofing Your Supply Chain

Disruptions abound in supply chain circles. Just consider any of the following recent events: the tariff war, global unrest, the Coronavirus, natural disasters such as the volcano in the Philippines, the Hong Kong protests and more. We have never had a client that could claim that 100% of the extended supply chain (from suppliers' suppliers to customers' customers) was inside the U.S. Thus, we have to be prepared to navigate these types of disruptions and the related impacts. Disruptions certainly go beyond your physical supply chain. What about your human capital, technologies (accompanied with processes) and strategies? Refer to our [...]

2024-02-16T18:07:22-08:00January 30, 2020|Supply Chain|
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