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.
Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.
Supply chains are being reshaped by geopolitical uncertainty, talent shortages, technology disruption, and evolving customer expectations. In this Manufacturing Matters webinar, Lisa Anderson discusses practical strategies to improve resiliency, leverage SIOP, develop talent, and build supply chains that support long-term growth and profitability.
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%.
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.
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.
In this GS1 US Next Level Supply Chain podcast interview, Lisa Anderson discusses supply chain trends, technology innovation, data standardization, predictive analytics, and the strategies organizations can use to improve visibility, decision-making, and business performance.
Lisa Anderson was interviewed by Douglas Squirrel of the Squirrel Squadron on LinkedIn Live about technology in manufacturing and the supply chain.
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 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.
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.