Geopolitics have been driving significant changes in supply chains. For example, stemming from the China threat, GM has just announced that it wants parts makers to pull supply chains from China. As supply chains evolve, it creates an expansive effect. As companies evaluate supply chain network changes, there are many items to take into account
We have noticed that clients that think long-term are far more successful than those that respond to events as they occur. Companies that think long-term surpass the rest as they are ready for changing conditions and leverage opportunities for success.
In this episode of Supply Chain Chats, Lisa Anderson, President of LMA Consulting Group, sits down with international business attorney John Tulac to explore the real-world effects of the Russia-Ukraine war on global supply chains.
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 [...]
In the second half of 2024, manufacturers in the U.S. and Mexico were in contraction according to PMI readings while Canada showed continual expansion. The Purchasing Managers’ Index (PMI) is based on a survey of private sector executives and measures the health of the economy. Canada has scored in [...]
Natural resources aren’t just about availability—they’re about accessibility and investment.
Tariffs, tariffs, and more tariffs dominate the conversation.
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".
Lisa Anderson warns that the recent devastating fires in Los Angeles County will have far-reaching impacts on supply chains well beyond the immediate area. With over 100,000 people displaced and critical infrastructure, IT systems and power grids affected, businesses across industries must prepare for disruptions that could persist for months.
What does the election mean for manufacturing and supply chain? Will it be a continuation of the status quo, a surge for manufacturers, or a further dampening of the economy?
