According to a Thomas survey about COVID-19’s impact on U.S. manufacturing and industrial production, 64% of manufacturers are likely to bring production back to North America. It has gone beyond talk to action. Clients and colleagues are seeing an increase in inquiries related to reshoring and expanding manufacturing capabilities. [...]
Published in San Fernando Valley Business Journal on Aug. 17, 2020 “When it comes to customers, it is all about understanding the demand of the customers’ customers” said Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. Click here to read more. [...]
Technology is a tricky topic. On one hand, almost everyone has put technology and ERP implementations on hold due to concerns about COVID impacts and to conserve cash. On the other hand, it is the best time to gain employees' attention and focus to upgrade technology to scale the business, create a superior customer experience and deliver bottom line results.
COVID has disrupted every business. Some are growing far faster than supply can keep up while others have dropped like a rocket. Still others have almost identical dollar volume yet double the number of orders at half the order size, creating significant disruption in warehousing, shipping and transportation. [...]
July 24, 2020 According to Forbes, COVID-19 accelerated e-commerce growth by 4-6 years. Smart players are taking advantage of the opportunity. Only Amazon takes in more money than Shopify's websites, and analysts are predicting a 75% annual rise in the next five years. The ONLY item in common [...]
As my long-term newsletter subscribers know, I enjoy traveling. Of course, during lockdown, I haven't even gone to visit my Mom in Arizona since you never know what unintended germs you might bring along for the ride. Thus, I thought I'd go back to my favorite recent (within the [...]
During this crisis, what we do and how we handle our employees will make our future success. I’ve heard stories of small businesses that closed and didn’t even communicate to their employees. Conversely, I’ve heard about companies taking great care of their employees. Which will turn into long-term success? [...]
June 22, 2020 Supply chains are quite tenuous, and China drives the most volume: Coronavirus: Beijing is under a soft lockdown with a surge of virus cases. Although Beijing doesn't impact trade, it is another sign that China vastly under reported previously and it is likely to have a [...]
June 13, 2020 It is a very exciting time for those of us passionate about manufacturing and supply chain. Undoubtedly, we have never worked harder proactively managing the unprecedented demand and supply volatility, and so appreciate your supply chain resources. I am hearing that they are taking off for [...]
