One of the strategies to better plan for the future so you aren't caught up in what appears to be a never-ending supply chain debacle is to reevaluate your manufacturing and supply chain footprint. Should you re-shore? Near-shore? Partner with suppliers in the region?
CLAREMONT, CALIFORNIA – November 9, 2021 – Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., sees a non-stop resurgence of manufacturing for the near- and long-term due to the impact of re-shoring and near-shoring. [...]
There will a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative®, reshoring broke records in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100%! Also, according to the National Association of Manufacturers (NAM) [...]
Everyone is talking about the backlog of ships at the ports and when it will be resolved, but is that the right question? NO! Of course we will eventually resolve the current backlog; however, there are continual disruptions in the extended supply chain, and so who knows what disruption will be next. [...]
There is massive congestion at the L.A. and Long Beach ports. The latest figures from the Journal of Commerce shows 63 container ships in the harbor (34 awaiting berths and 29 at the berths). Terminals are full and dwell times have doubled. The situation isn't good, and manufacturers, distributors [...]
I had the pleasure of representing the United States in the World Manufacturing Forum in thesession “Back to the Future: Manufacturing Beyond COVID-19“. I talked about the fact that weare at a crossroads between efficiency/ costs and resiliency/ responsiveness, how to turn that orinto an [...]
According to surveys in both North America and Europe, executives are not just talking about reshoring; they are taking action. Does that mean globalization is dead?
The era of low-cost global sourcing without consequence is over. Between geopolitical tensions, supply chain disruptions, labor challenges, and escalating customer expectations, executives are reassessing long-held assumptions about where products should be manufactured and sourced. In this Bloomberg interview, Lisa Anderson, President of LMA Consulting Group, discusses the [...]
