There are around 3 million industrial robots in use worldwide, and the market is expected to grow to $45 billion by 2028. At a minimum, robots can perform routine tasks with consistent quality. At a maximum, robots will be a strategic advantage to your business. It is no wonder clients are implementing them at a fast pace and investing widely.
Lisa Anderson addresses the significant challenges posed by recent quality issues at Boeing and their widespread effects on the aerospace and related supply chains. Drawing from her in-depth industry experience, Ms. Anderson offers vital strategies for companies to navigate these disruptions effectively.
The aerospace supply chain has been struggling to recover since the pandemic. The industry has been plagued with shortages, labor issues, and supply chain issues. According to McKinsey, demand was back to 97% of pre-pandemic levels as of December 2023.
Lisa Anderson joined Bloomberg's Markets: The Close to discuss the supply chain implications of Boeing's production challenges. After years of disruptions, the aerospace supply chain had largely stabilized by the end of 2023 and suppliers were preparing to support Boeing's planned production increases through 2026. As production ramp-up plans [...]
Simple metrics drive results. Whether a food and beverage manufacturer or an aerospace distributor, measuring the "right" metrics will focus attention on key issues and drive results.
Customer service has suffered in the last few years. Yet providing a superior customer experience is paramount to success especially during these turbulent times of volatility, uncertainty, complexity and ambiguity (VUCA).
If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
In an environment defined by volatility and rising expectations, predictability has become a competitive advantage. Companies that consistently deliver on revenue, service, and profitability don’t rely on reactive decision-making; instead, they operate with a disciplined, forward-looking planning process. A well-designed SIOP (Sales, Inventory & Operations Planning) playbook provides the [...]
According to Statista Research Department, the global market for robots is expected to grow at a compound annual growth rate of around 26% to reach close to $210 billion by 2025. For example, according to Automation World, almost 45% of respondents currently use robots in their assembly and manufacturing [...]
As destructive as COVID-19 has been, from a supply chain perspective it’s simply the latest disruption manufacturers must face. Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., will address these disruptions and explain how manufacturing and supply chain executives can successfully navigate this latest challenge in [...]
