Why Local Supply Chains Are the Future of Business
Having more diverse, shorter, less complex supply chains creates more resiliency.
Having more diverse, shorter, less complex supply chains creates more resiliency.
In a note released before Trump’s address, LMA Consulting Group, which specializes in manufacturing and supply-chain strategy, said the U.S. must secure stable and diversified sources of rare-earth minerals to protect supply chains and maintain global competitiveness. “Supply chains don’t exist without rare earth minerals — without them, there [...]
Rare earth minerals are essential to modern technology, from EV batteries to aerospace components. In this Supply Chain Chat, Lisa Anderson dives into why these minerals are so critical, what industries rely on them, and what supply chains must do to secure a stable supply in an increasingly competitive global market.
Geopolitics Dominate Supply Chain Discussions Almost every supply chain chokepoint has geopolitics dominating the discussion. From the Panama Canal to the Suez Canal to the South China Seas and Greenland, geopolitics and supply chains have circulated in the news. For companies to be successful navigating this VUCA (volatility, uncertainty, [...]
Is China still a viable place for manufacturing and business? In this episode of Supply Chain Chats, Lisa Anderson sits down with John Tulac, International Business Attorney, to discuss the realities of doing business in China.
"Canada and Mexico have integrated supply chains with the U.S. in the automobile and aerospace sectors," Lisa said. "Although I think there might be short term impacts, I don’t think there will be significant tariffs over the medium/long-term."
Tariffs are making headlines again—but what do they really mean for your supply chain? In this Supply Chain Byte, Lisa Anderson breaks down why tariffs exist, their impact on global trade and what businesses should be doing now to stay ahead. Whether you're managing sourcing, manufacturing or logistics, understanding tariffs is critical to maintaining a competitive edge.
Manufacturers are waking up to the risks in their end-to-end supply chains. They are realizing that they are only as strong as their weakest link, especially if they do not have backup sources of supply that will jump in at a moment's notice. As an international law expert says, if you are counting on China for manufacturing, you must "get out".
Risks abound in the global supply chain and goods movement systems. The only successful strategy to thrive is to create a resilient supply chain. According to the Global Port Tracker (GPT) report from Hackett Associates and the National Retail Federation (NRF), the specter of labor strife and new tariffs, along with strong sales, is driving U.S. retailers to keep imports surging through the spring.
Manufacturing in the U.S. is gaining momentum, and businesses that aren’t prepared will struggle to keep up. According to Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group, Inc., the resurgence will be fast and powerful, with companies that are ready to scale reaping the greatest benefits.