Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., talks about how to cope with the turmoil and its effect on manufacturers, their suppliers and their customers.
According to a recent National Association of Manufacturers (NAM) survey, the vast majority (88%) expect sales, production and prices to increase next year despite the supply challenges. In working with clients across multiple industries such as biotech, building and construction products, and food and beverage, there is no doubt [...]
In our eBook Emerging Above & Beyond: 21 Insights for 2021 from Manufacturing, Supply Chain & Technology Executives, many executives discuss the critical importance of adaptability and resiliency. The pandemic kicked off with volatility of customer demand (toilet paper and hand sanitizer were in scarce supply whereas aerospace and [...]
Lisa Anderson interviews Michele Nash-Hoff. Listen as they talk about reshoring and the resurgence of manufacturing.
According to a survey by FTI Consulting, 78% of survey respondents said they'd be willing to pay more for the products if the company that made them moved production out of China. Certainly, it depends on how much more, but we've seen a transition in the commentary of the value of reshoring. [...]
Everyone is talking about the backlog of ships at the ports and when it will be resolved, but is that the right question? NO! Of course we will eventually resolve the current backlog; however, there are continual disruptions in the extended supply chain, and so who knows what disruption will be next. [...]
There is massive congestion at the L.A. and Long Beach ports. The latest figures from the Journal of Commerce shows 63 container ships in the harbor (34 awaiting berths and 29 at the berths). Terminals are full and dwell times have doubled. The situation isn't good, and manufacturers, distributors [...]
Procter & Gamble, the maker of Charmin toilet paper, was prepared for thousands of scenarios – including earthquakes, fires, and cybersecurity attacks – but not for a disruption greater in magnitude than all three combined: a global pandemic. As COVID-19 spread throughout the United States in March, panicked shoppers snapped up [...]
In thinking about the surge to local for an interview for an SAP Insights article "For Resilient Supply Chains, Think Local", there is no doubt the pandemic has pushed manufacturers to re-think their extended supply chains. When they suddenly couldn't support key customer needs, manufacturers [...]
Made in China or made in the U.S.A.? There is a lot of talk about this critical, hot topic. Said another way, will reshoring increase? According to executive surveys, according to clients, according to top supply chain consultants, the answer is undoubtedly trending to MADE IN THE U.S.A. A [...]
