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.
The most important strategy to minimize the impact of sudden tariff changes is to create a resilient supply chain. Addressing tariffs requires a short-term and long-term strategy. In the short term, you must stay ahead of changing conditions, enhance your supply chain visibility so that you know the origin and risks of your end-to-end supply chain and be ready to move rapidly.
Supply chain shortages have improved from their all-time high in Q1 2024. Yet, risks remain high, especially with the increased level of vulnerabilities.
What’s next for manufacturing equipment and technology? In this Supply Chain Byte, Lisa Anderson highlights three key trends that emerged from ProMat and shares how manufacturers can stay ahead by planning strategically for future advancements.
Industrials & Manufacturing Roar Back Although manufacturing has been in a slump for the two years, industrials and manufacturing have roared back. Industrial production has been up for three months in a row, and it surged to its highest ever recorded rate in February. This data aligns with [...]
Manufacturing in the U.S. is gaining momentum, and businesses that aren’t prepared will struggle to keep up. According to Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group, Inc., the resurgence will be fast and powerful, with companies that are ready to scale reaping the greatest benefits.
With new tariffs set to take effect, businesses are re-evaluating supply chain strategies to mitigate costs and risks. From reshoring to supplier diversification, companies are adapting to shifting trade policies while balancing efficiency and profitability. As tariffs reshape global sourcing, proactive executives are seizing opportunities to strengthen resilience and streamline operations.
Manufacturing is starting to take flight. The resurgence will be powerful and fast. As a well-connected business executive and trusted advisor mentioned recently, when manufacturing takes off, you will not be able to keep up if you aren't already on top of it.
AI rules at one of the world's most influential and largest technology conferences, the Consumer Electronics Show (CES). This year's event highlighted a diverse array of products designed to enhance efficiency, personalization and sustainability.
