According to the The Journal of Commerce, the West Coast ports are losing volume. The West Coast share of imports coming from Asia is down from 61.1% in 2021 to 58.8% in 2022 while the East Coast and Gulf Coast ports rose. According to the JOC, the ILWU contract negotiations are causing this change although there are concerns about drayage and rail as well.
Lions, tigers, and bears, oh my! Wars. Communist threats. Rail strikes barely averted. A severe oil and gas crisis. Inflation soaring. Interest rates rising. Severe weather and stranded passengers. Shortage of baby’s Motrin. What else?!
Lisa Anderson, LMA Consulting President and Founder, feels there is still a great deal of confusion global supply chains. Anderson joined "Bloomberg Markets" with Caroline Hyde and Paul Sweeney on Friday morning.
Lisa Anderson was quoted in the Sports Business Journal about reshoring and the investment in domestic manufacturing and the importance to the future.
Most clients do not have as much talent as they need (at least in key roles or sites). Similar to inventory, many clients might have talent but do not have the type of talent in the right place (or available) at the right time. Classic challenges!
Snarled supply chains throughout 2021 had industry hoping 2022 would be smoother, yet analysts said it would last into 2023 or longer. Lisa Anderson offers her insights about how 2023 is looking.
Shocks and events such as the war in Ukraine, the pandemic and Brexit, among other may feel like they have appeared out of nowhere, but these events are taking place within the context of overarching trends that are unmoved by these short-term shocks and events. This provides us with another perspective on how to react and devise successful supply chain strategies as we look to the future.
Lisa Anderson sees inventory tightening as supply chains grapple with demand fluctuation, supplier challenges, stagflation and volatility in the economy. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
I recently went to Austin, TX to speak at the MPO (Medical Product Outsourcing) Summit on reshoring and nearshoring in the medical device industry. While deep diving into the healthcare products/ medtech industry, I took a few days to see the sites of Austin. See below for a few of my favorites including an incredible skyline.
