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.
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.
Stay focused on continual improvement of your processes to keep your business at the forefront of your industry. Focus on the best practices in common across improvement programs and utilize the five keys to success.
Companies are pursuing a global reconfiguration and reallocation of resources and upgrades to secure their medtech supply chains.
Moving manufacturing to the U.S. is no simple task. Capital, labor, and automation determine who can succeed—and who gets left behind.
In this VUCA (volatile, uncertain, complex, and ambiguous) laden supply chain environment, the successful companies leverage the power of speed and acceleration. Resiliency is required to survive in times of heavy disruption.
Over the last two weeks, we participated in three supply chain summits, conferences and/or annual meetings (with a west coast bent), and so we thought we'd pass on the key highlights and action items most relevant to our clients and colleagues.
Is your supply chain as strong as your weakest link? True supply chain resilience means looking beyond your immediate partners. From suppliers’ suppliers to contract manufacturers and logistics providers, visibility and alignment are critical. Lisa talks about 4 key areas of immediate importance in manufacturing.
LMA Consulting Group is excited to introduce Supply Chain Power: A Playbook for Executives — an exclusive, hands-on program designed to help C-suite leaders unlock the full potential of their supply chains.
Is Argentina the next big opportunity in manufacturing? In this Supply Chain Byte, Lisa Anderson shares insights from her recent trip to Argentina and outlines four key reasons why the country is becoming an attractive offshoring option for manufacturers looking to expand or diversify operations in Latin America.
