Although it starts with a depressing state of affairs for manufacturers, there is vast opportunity on the horizon. Manufacturing investments have been pouring into the U.S. and the three pillars of economic success are trending positive. Companies must prepare to scale and for success.
Supply chains are plagued with geopolitical, cyber and supply chain risks. Companies have been focused on building resiliency and efficiency; however, as important as it is to be agile and profitable, it is no longer enough. Forward-looking companies are focusing on predictability, scalability, and customer value.
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.
Robots aren’t just a futuristic concept—they’re already transforming how manufacturers and distributors stay competitive. In this Supply Chain Byte, Lisa Anderson uses the example of Amazon to explain how robotics are filling labor gaps, boosting productivity and enabling greater flexibility across supply chains.
The economy has a distinct impact on manufacturing. Although U.S. manufacturing has gone sharply down with offshoring for lower wages, less regulations, and fewer hurdles, there remains a base crux of manufacturing might that is turning into a renaissance with favorable tax, tariff and interest rate policies.
In step change progress to depending on China (who has been unreliable in supplying critical minerals), a strategic partnership has been developed to replace this dependence for antibiotics. Not many companies can take over manufacturing of extended supply chains and scale up adequately. Thus, strategic partnerships can provide the resources and investments to scale and succeed.
Defense technology is advancing at lightning speed—and manufacturing is at the center of it all. In this Supply Chain Byte, Lisa Anderson discusses how defense tech manufacturers are catching up to meet urgent national needs. Hear about the latest investments, use of advanced technologies and what innovative companies are doing to set the pace for the future of defense.
A manufacturing boom is on its way. Although it might not appear so according to clients' SIOP (Sales Inventory Operations Planning) models with weaker clients' backlogs and hesitant customers, we have no doubt it is imminent.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
