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Recession-Proofing Strategies

Are You Managing Inventory or Is Inventory Managing You?

As executives continue to navigate these volatile economic conditions, the focus on inventory management increases. It is especially tough to determine what to do if you don't know if sales opportunities will dramatically increase as the competition falters and consumers drive demand or if sales will tank as recession fears increase and business optimism falters.

Supply Chain Collaboration & VMI to Get Ahead of Economic Challenges

Manufacturers are experiencing continued inflationary pressures threatening customer service and profit margins with record-breaking price increases and lack of material availability.  To add fuel to the fire, they are also starting to worry about preparing for a potential recession.

Getting Ahead of Inflationary and Deflationary Pressures Using S&OP

Because we live in a global, supply chain disrupted world amidst record-breaking prices for food, commodities and oil (and all products dependent on these industries), not only are businesses looking to navigate inflationary pressures, but also deflationary pressures. Inflation can lead to deflation as consumers panic and demand softens.

How to Recession-Proof Your Business: Plan Now to Survive and Thrive in the Next Downturn

Published in The Shop in November 2019 “With the right preparation, an economic downturn can be more of an opportunity than a problem” comments Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. Click here to read more.

How to Recession-Proof Your Business: Plan Now to Survive and Thrive in a Downturn

Published in Pallet Enterprise on Sept. 4, 2019 “With the right preparation an economic downturn can be more of an opportunity than a problem,” advised Lisa Anderson, president of LMA Consulting Group, Claremont, California. Click here to read more.

2022-09-11T04:37:05+00:00September 4, 2019|Categories: In The News, Recession-Proofing Strategies|Tags: , , , |

Boom or Recession? What is the State of the Economy?

In the last few months, I've attended sessions on the global, national and regional state of the economy. Every executive, trusted advisor and colleague wants to know: Are we headed for a recession? The bottom line answer is that there are no signs of a recession in the foreseeable [...]

Is Creating Life Balance Important During a Recession

As it so happens that I've recently experienced a stockpile of travels, vacations, birthday celebrations and life experiences such as attending my nephew's piano recital, I imagine you'd suspect my answer is YES! It's quite normal for people to work harder and longer in recessions - after all, everyone [...]

2022-09-11T04:41:57+00:00May 3, 2013|Categories: Recession-Proofing Strategies|

Recession-Proof Your Business & You

Expand globally - expand your thinking of your customer base to GLOBAL. For example, as China and India expand in purchasing power, your customer base can expand exponentially. If you don't go after it, your competition will. Value add - think about your value add. Even though it's likely [...]

2022-09-11T04:43:27+00:00May 2, 2013|Categories: Recession-Proofing Strategies|

Tips to Succeed During Economic Turmoil

As the global economy is in turmoil, almost all businesses are thinking about how to succeed during this turmoil. In some cases, businesses are struggling to survive and in need of turnaround strategies. In other cases, the business is achieving targets but concerned about future growth. Or, the business [...]

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