Lisa Anderson is highlighting vulnerabilities in global supply chains as the recent conflict involving Iran creates ripple effects across global trade, energy markets and critical manufacturing components.
As with every war, there are immediate supply chain impacts, down-the-line impacts and related manufacturing and supply chain requirements. Companies must be prepared to pivot resiliently, scale, and plan to ensure customer and EBITDA success.
Lisa Anderson is drawing attention to the growing importance of Greenland and its role in safeguarding global supply chains in an increasingly volatile environment.
Greenland has been in the news as Trump has insisted that the U.S. should own it, and Denmark is not willing to give it up. Regardless of how that debate works out, Greenland has been highlighted as strategic in the global supply chain, from a shipping route, defense, and rare earth elements standpoint.
As geopolitical, tariff, and other supply chain risks are causing concerns with offshoring strategies and the global sourcing perspective, companies are reviewing domestic alternatives. Companies are moving towards domestic and regional supply chains and preparing to scale manufacturing and the extended supply chains.
Companies are only as strong as the weakest link in their supply chain. If you dig further into your supply chain, it is likely you will find dependencies on rare earth minerals. Read about strategies to scale rare earth production rapidly.
Supply chains are evolving at a rapid pace as global risks increase. To achieve success with this transformation, companies must roll out advanced technologies and develop strategies to mitigate down-the-line risks and impacts such as access to critical minerals and energy.
Where do we stand with imports & exports? The U.S. broke records with the highest trade deficit (imports - exports) on record in 2024 at $1.2 trillion. Q1's trade deficit set records at a massive $465 billion, as companies pulled goods in early to mitigate the potential impact of [...]
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.
