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digitized supply chain

The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts

California's minimum wage went up to $20/hr. for fast food restaurants with at least 60 locations nationwide that do not make bread. This law is causing widespread unintended consequences. For example, Fosters Freeze in Lemoore closed suddenly after the wage hike. Mod 5 Pizza is closing five locations.

Supply Chain Shortages Remain a Concern: Strategies for Success

Manufacturers wish they left supply chain shortages behind after the pandemic, but they remain top of mind. Concerns remain. According to KPMG, “71% of global companies highlight raw material costs as their number one supply chain threat for 2023.”

Leveraging ERP and related technologies for a diverse customer experience

Enterprise resource planning systems, CRMs and other tech such as RFID, barcoding, customer and supplier portals, blockchain, IoT, and GPS tracking all support this goal.

Manufacturing Trends: Maintaining A Competitive Edge – SelectHub

Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.

Automate, Digitize, and Thrive in the Supply Chain

The world has never experienced a labor shortage quite like the one we are experiencing. According to the Bureau of Labor Statistics, employment growth will average .3 over the next decade; however, labor participation will drop from 62.2% to 60.4%.

Manufacturing and Supply Chain Technologies: From 3D Printing to AI

Medtech companies’ focus on supply chain resiliency and mitigating supply chain risk has increased over the last few years as the pandemic triggered extended lead times, delays, and rising costs.

The Global Supply Chain Life After Globalization

Companies went global for the past few decades with a gusto to save labor costs. The pandemic jolted many Executives eyes open to the risks in the global supply chain. Suddenly, companies were reevaluating their global footprint with an eye to cost, risk (supply chain, geopolitical, etc.), customer performance, etc.

Tech in the Supply Chain

Lisa Anderson was interviewed by Douglas Squirrel of the Squirrel Squadron on LinkedIn Live about technology in manufacturing and the supply chain.

A Manufacturing Resurgence Is On Its Way

Manufacturing appears to be turning the corner. According to the ISM, the Purchasing Managers Index (PMI) recorded a contraction but at the slowest pace of the recent cycle. In fact, this is the third straight month of improvement.

Lisa Anderson, Manufacturing & Supply Chain Consultant Underscores the Rising Importance of ERP Strategy

Lisa Anderson underscores the pivotal role of Enterprise Resource Planning (ERP) systems in modern business strategy. LMA Consulting Group specializes in supporting manufacturers and distributors in strategic planning and comprehensive supply chain transformations, focusing on enhancing the customer experience and facilitating robust business growth.
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