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geopolitical risk

Supporting Medtech’s Growth: Scaling & Mitigating Risk in the Supply Chain

The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.  

Succeeding with Regional Manufacturing & Optimizing Supply Chain

The risk of China has increased dramatically over the years. Early on, executives were concerned about intellectual property theft. Although that is still a concern, there are much bigger issues.

FTC Cracking Down on Bogus ‘Made in USA’ Claims

The FTC is cracking down on bogus 'Made in America' claims. Lisa Anderson was quoted in Bloomberg Law on reshoring and near-shoring.

Diversify to Thrive in Manufacturing & Supply Chain

If you are dependent on any region, non-friendly country, customer, supplier, material, or anything noteworthy to your success, you must diversify. Although this concept has always been true, the pandemic highlighted the critical importance. Some companies simply lost their source of supply overnight and have not recovered if not diversified.

Supply Chain Disruptions & Chokepoints Dominate

The latest Francis Scott Key Bridge collapse has caused massive diversions on the East Coast and in the Baltimore region and points out the need for backup sources of supply and agility in the supply chain.

Reallocating Manufacturing & Supply Chain Capacity to Mitigate Risk & Ensure Success

The supply chain is in a constant state of disruption. As we discussed on Supply Chain Chats, simple backup plans are no longer enough. In fact, you can look at recent events and determine if a backup is sufficient. Starting with the pandemic, of course, most if not all companies didn't have a sufficient enough backup plan.

Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing

COVID-19 may no longer be a significant public health threat, but the global supply chain remains chock full of risk. The threats are seemingly everywhere these days: The Israel-Hamas war, which is sabotaging trade routes in the Red Sea; extreme drought, which is curtailing shipping in the Panama Canal, and China’s military aggression, which is threatening lawful commerce in the South China Sea.

The Global Supply Chain: Issues and Options

In this episode of Supply Chain Chats, Lisa Anderson talks about the state of affairs in the global supply chain. From the drought impacting container ship capacity in the Panama Canal to the Iran-backed Houthi rebels attacking container ships in the Suez Canal to the Chinese aggression towards Taiwan and ships passing in the South China Seas, risks are increasing across the global supply chain.

BBC: Why firms are bringing their manufacturing back home

Lisa Anderson, a supply chain expert and president of California-based LMA Consulting Group, says that the Chips Act "has spurred on certainly quite a bit of investment" in the US electric car sector. And Mexico is also booming through 'friend shoring'. ### Why firms are bringing their manufacturing back home [...]

Why Manufacturing Matters & Will Thrive in the Next Decade

Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).
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