According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]
It is obvious we are having significant supply chain disruptions, and I recently talked with FOX Live Now about these issues. We discussed what caused these shortages, what's going on with the labor shortages, whether it will impact the holiday season, which industries are most impacted, how long [...]
September 29, 2020 Since our 10 year anniversary in 2015, we have been recognizing people who have contributed to our success with our LMA Advocate award. In the last few years, we have been thinking about starting a corporate award of excellence. We wanted to make sure it was special [...]
August 17, 2020 David Strausser, podcast host of Shark Bite Biz, and I talk about what’s going on in supply chain. We talk e-commerce, customers’ customers, suppliers’ suppliers, what our most successful clients are doing currently, the pareto principle and more. Listen to our episode (after a short [...]
March 7, 2017 Well, let's start with a definition of digitization. According to CIO.com, McKinsey defines it as technologies that virtualize and automate products, services and supply chains. We certainly hear about digitization in the news frequently; however, according to McKinsey, even though CIOs embrace it, digitization is a [...]
January 27, 2017 I am the Chair of the Innovation Awards of the Manufacturers' Summit for the Inland Empire, and we have been quite busy preparing for this Friday's summit (see below). It is important to encourage innovation for the obvious reason that if we do not innovate, we [...]
