IE Industrial Market to Face Challenges in 2024
Owners of Inland industrial properties should prepare for a bumpy ride in 2024.
Owners of Inland industrial properties should prepare for a bumpy ride in 2024.
Originally posted in ASI - Adhesives & Sealants Industry - June, 2023 Innovation allows companies to achieve higher levels of growth, profitability, employee engagement, and success. According to the Global Innovation Index (GII), Switzerland ranks first in the world with the US edging out Sweden for the second position. [...]
According to Interos, almost 90% of companies experienced a negative impact to revenue due to supply chain disruption. That is a BIG number! From our point-of-view, every client is complaining about the lack of critical resources required to support the business and has experienced negative impacts to revenue (even if only in terms of a delay to revenue recognition).
Volatility started with the pandemic and has been exacerbated by weather disruptions such as the Texas storms, labor shortages throughout the world, accidents such as the ship that got stuck in the Suez canal, and wars such as the Russia-Ukraine war. The bottom line is that demand volatility is [...]
Starbucks is out of several items! Who would have thought? Unfortunately, they are not alone. Almost every client is experiencing shortages of materials, logistics services and more. For example, according to Freight Waves, FedEx Freight just announced they are immediately cutting service to 1400 less-than-truckload in an effort to [...]
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. discusses how a consultant can help executives navigate difficult business challenges and adapt in today’s manufacturing and supply chain. Full Story
Where would you prefer to locate your operation? Most likely as close to customers and your supply base as possible. In this case, it means rates are going through the roof - if you can even get them.
Although we should consider potential impacts of 3D printing in our industry, the more important consideration is to let our minds think about the future. What technological innovations are likely to impact your industry?