Companies are overwhelmed with data. There is ERP related data, global supply chain data, world economic data, industry and market data, customer and supplier data, email communications, and the list goes on.
As geopolitical and economic risks rise, executives become more concerned. Proactive clients are taking action to boldly invest where it makes sense while aggressively focusing on inventory and cost reduction of non-value added items/ work and also ensuring high customer service levels.
Turbulent times are upon us. According to Reuters reporting from the Bank of America, geopolitics has leapfrogged inflation as the most significant risk to the market, and that was proven true as the market slumped with the expectation of Iran's attack on Israel.
Innovation is essential to thriving in today's volatile business environment. Drawing on lessons from QC Manufacturing and real-world experience, Lisa Anderson explains how innovation in people, culture, processes, and products drives growth, profitability, resilience, and long-term success.
How can manufacturers prepare for sudden demand surges and unexpected market shifts? In this From the Ground Up podcast discussion, Lisa Anderson shares strategies for building flexible, resilient supply chains that can respond quickly to demand shocks and support profitable growth.
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
Lisa Anderson, a supply chain expert and consultant who founded LMA Consulting Group, says projecting future demand is paramount when facing a demand surge.
In this episode of Interlinks I converse with Lisa Anderson of LMA Consulting in the Los Angeles metro area about manufacturing in the USA.
There is substantial geopolitical risk with China. Look no further than the South China Seas. Philippine officials say Chinese forces seized two naval boats in a disputed South China Sea shoal. A few days prior, a Philippine ship and a Chinese vessel collided. It is a risky situation in the South China Seas.
The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.
