As business executives contend with weaker backlogs, heightened supply chain risks and concerns about business stability due to tariffs, cash and certainty have emerged as hot topics for ensuring success. The Global Supply Chain Think Tank discusses trends, impacts, and strategies for success.
Lisa Anderson, president of LMA Consulting, participated in a panel discussion on the garment industry to discuss the current status, expected tariffs, implications, and strategies for success.
As business executives contend with heightened supply chain risks and inflationary pressures, artificial intelligence (AI) has emerged as a hot technology that can help to improve business performance.
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
Companies went global for the past few decades with a gusto to save labor costs. The pandemic jolted many Executives eyes open to the risks in the global supply chain. Suddenly, companies were reevaluating their global footprint with an eye to cost, risk (supply chain, geopolitical, etc.), customer performance, etc.
The world of supply chain and logistics has been plagued with volatility, disruptions, geopolitical issues, concerns about energy availability and transition, and increased regulations.
Businesses, supply chain, and the world are experiencing disruption, volatility, and chaos. In this period of geo-political risk, interest rate spikes, fears of recession, labor shortages, and more, successful businesses will focus on the fundamentals.
As businesses struggle in this new era of VUCA (volatility, uncertainty, complexity, and ambiguity), the divide between short term and long term seems to increase.
Lisa Anderson, manufacturing and supply chain expert and president of LMA Consulting Group discusses practical insights on how to unlock operating capital and fuel growth.
There is no doubt we are struggling with volatility in the supply chain. Inflation is the hot topic on one hand with rising prices, difficulty in finding people, wage inflation and much more.
