LMA Consulting Group is celebrating 21 years of helping manufacturers and distributors navigate changing supply chain demands, operational challenges and evolving technologies.
According to the Institute of Supply Management (ISM), manufacturing is gaining strong momentum with the fourth month in a row in expansionary territory. Exports are gaining as well with the trade deals. Smart manufacturers are preparing to scale profitably and better utilize AI-enabled systems and technologies.
Planning is becoming more complex, but smarter planning makes the difference. In this Supply Chain Byte, Lisa Anderson outlines three key planning challenges manufacturers are facing today - and three ways to address them.
As supply chains reshape with changing geopolitical and trade conditions, transportation evolves. Transportation and goods movement systems remained largely intact, yet as supply chain networks evolve and artificial intelligence (AI) takes hold, transportation infrastructure and related networks will transform to provide superior customer value in an efficient and profitable manner.
You are only as strong as your weakest link in your supply chain. This concept has come to fruition as a series of chokepoints have been impacted. Smart companies are utilizing common sense and artificial intelligence enabled advanced planning systems to predict disruptions, navigate around chokepoints, and proactively prepare for success.
Heightened geopolitical and logistics risks are making it difficult for companies to successfully navigate evolving global supply chain conditions while keeping customer and EBITDA growth goals intact. According to DP World, 82% of supply chain leaders view geopolitical disruption as a major risk, yet only a quarter feel fully prepared.
Hyperscale manufacturing is an emerging operating model that applies the speed, scalability, and modularity of tech companies to physical production. Hyperscale manufacturing has accelerated in importance as geopolitical risks, national security, and domestic requirements and capabilities have become of paramount importance.
Companies are showing increasing interest in supply chain transformation as they want to create predictability, scalability, agility, and sustainable, profitable growth. We’ll talk through supply chain transformation, what’s included, how it relates to SIOP, ERP, and AI, and review a case study example.
Although there are plenty of issues related to the War in Iran, from a supply chain perspective, the key issue is that the Strait of Hormuz has been blocked. This supply chain chokepoint is limiting the movement of energy. We discuss take aways related to demand, supply, flow and location.
The storm that blanketed the U.S. had impacts that reverberated throughout the supply chain. Artificial intelligence and advanced technologies can refocus efforts from reactive to proactive and improve the outcome for people and mitigate further supply chain disruptions.
