As companies are concerned about declining backlogs, they are searching for solutions to keep top talent and stop the bleeding. Executives are using SIOP to maximize margins while preparing to scale up successfully for a manufacturing resurgence.
As business executives contend with weaker backlogs, heightened supply chain risks and concerns about business stability due to tariffs, cash and certainty have emerged as hot topics for ensuring success. The Global Supply Chain Think Tank discusses trends, impacts, and strategies for success.
In step change progress to depending on China (who has been unreliable in supplying critical minerals), a strategic partnership has been developed to replace this dependence for antibiotics. Not many companies can take over manufacturing of extended supply chains and scale up adequately. Thus, strategic partnerships can provide the resources and investments to scale and succeed.
As LMA Consulting celebrates its 20 year anniversary date, we wanted to recognize key colleagues with our LMA Advocate and LMA Futurist awards.
Kathleen McEntee and Lisa Anderson join host, John Tulac to discuss commerce, collaboration and community. Listen to the discussion on how these trusted advisors and experts interact with each other to drive business success in the region.
Lisa Anderson warns that the recent devastating fires in Los Angeles County will have far-reaching impacts on supply chains well beyond the immediate area. With over 100,000 people displaced and critical infrastructure, IT systems and power grids affected, businesses across industries must prepare for disruptions that could persist for months.
According to a McKinsey study, investment in supply chain digitization is slowing down after rapid growth in 2020-2023. On the other hand, the McKinsey Global Supply Chain Leader Survey finds that nine out of 10 respondents continue to experience supply chain challenges. And, according to Reuters, supply chain glitches [...]
In attending the Southern California E-Commerce & Logistics Summit, it is clear that focusing on global logistics as a system of systems is paramount (special shout out to Fran Inman for the use of her phrase). Not one link in the supply chain can succeed on its own.
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.
Since packaging is typically 10-40% of the retail price of products, there is no doubt it adds up to a relevant factor in product cost and waste.
