The U.S. unveiled its first AI Action Plan with the "Winning the AI Race" All-In Summit. The AI Action Plan focuses on a few core elements to ensure the U.S. leads the world with artificial intelligence.
Where do we stand with imports & exports? The U.S. broke records with the highest trade deficit (imports - exports) on record in 2024 at $1.2 trillion. Q1's trade deficit set records at a massive $465 billion, as companies pulled goods in early to mitigate the potential impact of [...]
Congress passed what has been referred to as the "One Big Beautiful Bill (OBBB)", and it has been signed into law. There are far-reaching implications for manufacturers and supply chain organizations. The bottom line is that it is expected to spur growth and success with tax benefits and supporting incentives.
Artificial intelligence is not only integral to manufacturing, distribution, mining, and forging, but it will also power productivity and enhanced customer value across every company in the future. Thus, it is an imperative to pay attention to current uses of AI and to think strategically about AI applications to drive productivity, profitability and performance.
Global events—from geopolitical tensions to cyber events—can shake even the strongest supply chains. In this Supply Chain Byte, Lisa Anderson, President of LMA Consulting Group, shares why leaders must actively monitor risk at every point in their global supply chain and take steps to proactively prepare for disruption. If you're still managing risk reactively, this is your wake-up call.
Advanced Technologies for Forward-Looking Companies Forward-looking companies are pursuing advanced technologies to ensure superior customer value, address labor shortages, and deliver bottom line results. From robotics to advanced planning and forecasting systems, leverage ERP system and advanced technologies can fill gaps, automate processes, and enable superior functionality. Not [...]
Is your supply chain as strong as your weakest link? True supply chain resilience means looking beyond your immediate partners. From suppliers’ suppliers to contract manufacturers and logistics providers, visibility and alignment are critical. Lisa talks about 4 key areas of immediate importance in manufacturing.
In this Supply Chain Byte, Lisa Anderson, President of LMA Consulting Group, highlights why energy is at the core of everything in supply chain and manufacturing. From powering automation and AI to driving production and logistics, energy access and strategy are critical to growth. As demand soars, companies must rethink how they plan, invest and prepare for the energy needs of tomorrow.
In the second half of 2024, manufacturers in the U.S. and Mexico were in contraction according to PMI readings while Canada showed continual expansion. The Purchasing Managers’ Index (PMI) is based on a survey of private sector executives and measures the health of the economy. Canada has scored in [...]
Tariffs, tariffs, and more tariffs dominate the conversation.
