Geopolitical risks and events happening around the globe can adversely impact medical device supply chains, creating delays, increasing costs, and causing other challenges for companies. Companies must pursue supply chain resiliency and additional strategies to succeed.
Since tariffs went into effect, supply chain vulnerabilities have been exposed. We are in a global supply chain with wildly varying levels of risk and exposure depending on the country of origin, product composition and each specific company's strategy.
As geopolitical unrest, natural disasters, and shifting trade policies upend global logistics, resilient companies are transforming their supply chains to gain competitive advantage and ensure growth.
The Strait of Hormuz is a geopolitical chokepoint — and a critical reminder of why advanced supply chain planning is non-negotiable. In this Supply Chain Byte, Lisa Anderson highlights the ripple effects that disruptions in this narrow strait can cause and how strategic planning, risk assessment and scenario modeling help companies stay ahead.
Israel and Iran had an escalating 12-day war with the U.S. getting involved by bombing Iran's main nuclear facility. Although a cease fire has been negotiated, tensions remain high in the Middle East.
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.
SIOP (Sales Inventory Operations Planning) is proving to be a critical tool for clients in successfully navigating volatile and complex business environment turbulence. Tariffs have thrown a wrench into demand and supply plans.
What separates companies that thrive from those that stall in today’s chaotic landscape? In this Supply Chain Byte, Lisa Anderson shares how companies are taking advantage of the current turmoil and turning it into opportunity. Whether you're facing labor issues, market volatility or supplier uncertainty, discover how to take the lead when others fall behind.
Lisa Anderson, a supply chain expert and president of LMA Consulting, told BI she expects the overall effect of the tariffs to be "mildly inflationary," with some of the worst economic effects tempered by the recent trade deal, but ultimately "each industry or company could have a wildly different outcome."
Concerns over the trade war that erupted when Trump announced higher tariffs against most U.S. trade partners this month rippled across the country - including the Inland Empire, the region sometimes called the warehouse of the western United States. But the Inland region might not take as large an [...]
