LMA Consulting Group Conducts Research on Outsourcing Trends in Manufacturing.
New research explores trends in outsourcing, nearshoring, and insourcing to help manufacturers and distributors thrive.
70% of Manufacturing Executives State Near-Sourcing Will Increase According to LMA Consulting Group Research
LMA study finds 70% of US manufacturers expect near-sourcing to rise in the next 5 years due to Amazon effect, cost, & communication benefits.
Knee Deep in Options: Insourcing vs Outsourcing
There is a strategic shift towards insourcing. This is how businesses evaluate the insourcing vs outsourcing dilemma for operational excellence.
Samsung Expanding Manufacturing in the U.S.
Samsung's $380 million investment in new U.S. manufacturing highlights the trend of reshoring for better customer and market alignment
Rethinking Sourcing
Successful manufacturers are re-evaluating their outsourcing/ insourcing/ near-sourcing options. To remain competitive and have any hope of staying ahead of the curve, they are knee-deep in considering the options.
Close But Not Quite Home
Nearsourcing as a strategic response to fulfill Amazon-era customer expectations efficiently
Reshoring Gains
According to Industry Week and the Reshoring Initiative, after two decades of job losses, we have turned the corner. If you are interested in taking advantage of this rare opportunity, you must be prepared!
Near-shoring to increase in USA
A recently released study by Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., indicates that 70% of US manufacturing executives expect near-sourcing to increase within the next five years.
Outsourcing, Insourcing or Near-Sourcing?
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
What is Hot in Supply Chain?
Changes in supply chain strategy and operations cannot be overlooked and we need to stay aware and forward-looking to remain competitive.