Workforce Needs in the Manufacturing Sector
Lisa Anderson discussed the future of talent for manufacturers, distributors and supply chain organizations and the impact of automation, robotics, and advanced technologies
Lisa Anderson discussed the future of talent for manufacturers, distributors and supply chain organizations and the impact of automation, robotics, and advanced technologies
Artificial intelligence is not only integral to manufacturing, distribution, mining, and forging, but it will also power productivity and enhanced customer value across every company in the future. Thus, it is an imperative to pay attention to current uses of AI and to think strategically about AI applications to drive productivity, profitability and performance.
Lisa Anderson, president of LMA Consulting, participated in a panel discussion on the garment industry to discuss the current status, expected tariffs, implications, and strategies for success.
Advanced Technologies for Forward-Looking Companies Forward-looking companies are pursuing advanced technologies to ensure superior customer value, address labor shortages, and deliver bottom line results. From robotics to advanced planning and forecasting systems, leverage ERP system and advanced technologies can fill gaps, automate processes, and enable superior functionality. Not [...]
Supply chain shortages have improved from their all-time high in Q1 2024. Yet, risks remain high, especially with the increased level of vulnerabilities.
What’s next for manufacturing equipment and technology? In this Supply Chain Byte, Lisa Anderson highlights three key trends that emerged from ProMat and shares how manufacturers can stay ahead by planning strategically for future advancements.
Manufacturing in the U.S. is gaining momentum, and businesses that aren’t prepared will struggle to keep up. According to Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group, Inc., the resurgence will be fast and powerful, with companies that are ready to scale reaping the greatest benefits.
Given the uncertainty of the economy creating extreme push outs and pull ins with customer orders, only those companies that can successfully deal with uncertain and changing conditions can thrive. Companies that automate, create value and digitize will drive bottom-line results.
According to the WorldMetrics.org report, 89% of manufacturers believe automation is key to increasing productivity. More importantly to increasing profitable growth, the report also finds that automation reduces manufacturing lead time by 75%.
There are around 3 million industrial robots in use worldwide, and the market is expected to grow to $45 billion by 2028. At a minimum, robots can perform routine tasks with consistent quality. At a maximum, robots will be a strategic advantage to your business. It is no wonder clients are implementing them at a fast pace and investing widely.