The economy is facing headwinds with high inflation, interest rates, and concerning employment numbers. The world is on high-risk alert with the Russia Ukraine war, and the Israel Hamas war, which has expanded to Hezbollah.
There is a potential for chaos in the logistics world with simultaneous strikes from Canada's rail workers and the U.S. East Coast and Gulf Coast longshoremen. It is gaining in likelihood each day as negotiations are not progressing.
Turbulent times are upon us. According to Reuters reporting from the Bank of America, geopolitics has leapfrogged inflation as the most significant risk to the market, and that was proven true as the market slumped with the expectation of Iran's attack on Israel.
You would have to be hiding under a rock to not hear that the market sold off. The S&P 500 sold off 3%; the Dow tumbled 1,000 points, and tech company leaders lost a combined $1 trillion intraday (recovering almost half later in the day).
Volatility, uncertainty, complexity, and ambiguity (VUCA) continues to rage and threaten manufacturers and supply chain chain organizations. The VUCA threshold skyrocketed during the pandemic, and it has not returned to normal.
Supply chain complexity continues to accelerate as organizations navigate geopolitical risk, talent shortages, technology disruption, and economic uncertainty. In this ASCM Orange County webinar, Lisa Anderson explores the top supply chain challenges facing manufacturers and distributors and outlines strategies to improve resiliency, predictability, profitability, and growth.
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
In this episode of Interlinks I converse with Lisa Anderson of LMA Consulting in the Los Angeles metro area about manufacturing in the USA.
There is substantial geopolitical risk with China. Look no further than the South China Seas. Philippine officials say Chinese forces seized two naval boats in a disputed South China Sea shoal. A few days prior, a Philippine ship and a Chinese vessel collided. It is a risky situation in the South China Seas.
Escalating conflict in the Red Sea has exposed the vulnerability of global pharmaceutical supply chains and reinforced the importance of building more resilient sourcing and logistics strategies. In this interview, Lisa Anderson discusses how Houthi attacks on commercial shipping are increasing transportation costs, extending transit times, and prompting pharmaceutical [...]
