Businesses & Manufacturing Are On the Move
According to The California Policy Center, 237 companies have left California since 2005. Most companies cited the expanding regulatory and taxation environment.
The Aerospace Supply Chain & the Impacts of Boeing
The aerospace supply chain has been struggling to recover since the pandemic. The industry has been plagued with shortages, labor issues, and supply chain issues. According to McKinsey, demand was back to 97% of pre-pandemic levels as of December 2023.
Supply Chain Resilience and the Future of Manufacturing
In this Critical Mass Business Talk Radio interview, Lisa Anderson discusses supply chain resilience, inventory strategy, reshoring, manufacturing competitiveness, and the steps organizations can take to build more agile and profitable operations.
Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing
COVID-19 may no longer be a significant public health threat, but the global supply chain remains chock full of risk. The threats are seemingly everywhere these days: The Israel-Hamas war, which is sabotaging trade routes in the Red Sea; extreme drought, which is curtailing shipping in the Panama Canal, and China’s military aggression, which is threatening lawful commerce in the South China Sea.
The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts
California's minimum wage went up to $20/hr. for fast food restaurants with at least 60 locations nationwide that do not make bread. This law is causing widespread unintended consequences. For example, Fosters Freeze in Lemoore closed suddenly after the wage hike. Mod 5 Pizza is closing five locations.
Supply Chain Shortages Remain a Concern: Strategies for Success
Manufacturers wish they left supply chain shortages behind after the pandemic, but they remain top of mind. Concerns remain. According to KPMG, “71% of global companies highlight raw material costs as their number one supply chain threat for 2023.”
BBC: Why firms are bringing their manufacturing back home
As manufacturers rethink global supply chains, reshoring, nearshoring, and friend-shoring are becoming central strategies for improving resilience, reducing risk, and supporting long-term growth. In this interview with the BBC, Lisa Anderson discusses the forces driving manufacturing closer to home, including geopolitical risk, government incentives such as the CHIPS Act, [...]
Skills Gap Challenge for Manufacturing Success
According to a study by Deloitte and The Manufacturing Institute, 2 million jobs could go unfilled in the sector by 2030. The cost in 2030 alone could potentially total $1 Trillion.
Strategies for Gaining Packaging Efficiencies in Your Supply Chain
Since packaging is typically 10-40% of the retail price of products, there is no doubt it adds up to a relevant factor in product cost and waste.
Regional Manufacturing in the Medical Supply Chain
The supply chain has calmed down since the height of the pandemic; however, smart manufacturers are thinking ahead to changing conditions. Geopolitical risks are at an all-time high.