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?
According to a Thomas survey about COVID-19’s impact on U.S. manufacturing and industrial production, 64% of manufacturers are likely to bring production back to North America. It has gone beyond talk to action. Clients and colleagues are seeing an increase in inquiries related to reshoring and expanding manufacturing capabilities. [...]
CLAREMONT, CA—Diversification makes good business sense during COVID-19, provided that the rationale and focus for doing so is clear, according to The Society for the Advancement of Consulting® (SAC). With a clear focus, customers will get enhanced value from products and services, as your business avoids the panic mode [...]
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 [...]
Forget 'If It Ain't Broke, Don't Fix It' All bets are off in these unprecedented times. What worked yesterday might not work tomorrow. Take a fresh look at your product supply strategies. Should We Make or Buy? Many executives outsourced when it was the popular and often a smart [...]
In this panel discussion, Lisa Anderson joins manufacturing leaders to explore the future of manufacturing, reshoring, supply chain resilience, automation, and technology. Learn how manufacturers are adapting to changing customer demands and preparing for long-term growth in an increasingly dynamic global environment.
"As manufacturers realize what can be achieved with technology such as AI, IoT, robotics, and additive manufacturing, they are sourcing manufacturing closer to the customer to create a customer experience advantage (rapid customization and delivery) with a lower cost base," comments said Lisa Anderson, founder and president of LMA [...]
