Skills Gap Archives

Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing
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Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing

In The News, Manufacturing, Media, Reshoring/ Nearshoring, Supply Chain Management, Supply Chain Optimization

Medtech’s Supply Chain: Global Risks Driving Regional Manufacturing

COVID-19 may no longer be a significant public health threat, but the global supply chain remains chock full of risk. The threats are seemingly everywhere these days: The Israel-Hamas war, which is sabotaging trade routes in the Red Sea; extreme drought, which is curtailing shipping in the Panama Canal, and China’s military aggression, which is threatening lawful commerce in the South China Sea.

admin2024-04-16T22:08:59-07:00April 11, 2024|Categories: In The News, Manufacturing, Media, Reshoring/ Nearshoring, Supply Chain Management, Supply Chain Optimization|Tags: geopolitical risk, global supply chain, healthcare, labor shortages, manufacturing, nearshoring, regional supply chains, reshoring, Skills Gap, supply chain chokepoints, supply chain optimization, supply chain risk|

The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts
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The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts

Business & the Economy, Supply Chain Briefing

The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts

California's minimum wage went up to $20/hr. for fast food restaurants with at least 60 locations nationwide that do not make bread. This law is causing widespread unintended consequences. For example, Fosters Freeze in Lemoore closed suddenly after the wage hike. Mod 5 Pizza is closing five locations.

admin2024-04-08T21:54:13-07:00April 5, 2024|Categories: Business & the Economy, Supply Chain Briefing|Tags: digitized supply chain, Food & Beverage, inflationary pressures, S&OP, SIOP, Skills Gap, supply chain disruptions, technology|

Supply Chain Shortages Remain a Concern: Strategies for Success
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Supply Chain Shortages Remain a Concern: Strategies for Success

Supply Chain Briefing, Supply Chain Management, Supply Chain Optimization

Supply Chain Shortages Remain a Concern: Strategies for Success

Manufacturers wish they left supply chain shortages behind after the pandemic, but they remain top of mind. Concerns remain. According to KPMG, “71% of global companies highlight raw material costs as their number one supply chain threat for 2023.”

admin2024-03-27T13:10:36-07:00March 20, 2024|Categories: Supply Chain Briefing, Supply Chain Management, Supply Chain Optimization|Tags: better utilize ERP, digitized supply chain, ERP, innovation, logistics, metrics, regional supply chains, S&OP, SIOP, Skills Gap, supply chain assessment, supply chain optimization, supply chain risk, supply chain shortages, supply chain trends, talent|

Skills Gap Challenge for Manufacturing Success
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Skills Gap Challenge for Manufacturing Success

In The News, Media, Talent & Leadership, Talent / Skills Gap

Skills Gap Challenge for Manufacturing Success

According to a study by Deloitte and The Manufacturing Institute, 2 million jobs could go unfilled in the sector by 2030. The cost in 2030 alone could potentially total $1 Trillion.

admin2024-03-08T20:15:50-08:00March 8, 2024|Categories: In The News, Media, Talent & Leadership, Talent / Skills Gap|Tags: Brushware Magazine, business consulting, culture, employee retention, ERP, leadership, manufacturing, Skills Gap, supply chain, talent, technology|

Why Manufacturing Matters & Will Thrive in the Next Decade
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Why Manufacturing Matters & Will Thrive in the Next Decade

Global Trade, Geopolitics, & Import/ Export, Manufacturing, Reshoring/ Nearshoring, Supply Chain Briefing, Supply Chain Trade & Logistics

Why Manufacturing Matters & Will Thrive in the Next Decade

Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).

admin2024-03-28T17:43:04-07:00February 24, 2024|Categories: Global Trade, Geopolitics, & Import/ Export, Manufacturing, Reshoring/ Nearshoring, Supply Chain Briefing, Supply Chain Trade & Logistics|Tags: future of manufacturing, geopolitical risk, global supply chain, manufacturing resurgence, reshoring, S&OP, SIOP, Skills Gap, Suez Canal Shipping Crisis, supply chain risk, technology, the case for US manufacturing|

SIOP / S&OP: Proactive Approach to Maximizing Production Output & Capacity
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SIOP / S&OP: Proactive Approach to Maximizing Production Output & Capacity

Capacity Planning, Manufacturing, Manufacturing Scalability & Resource Planning, SIOP - S&OP, SIOP Execution - S&OE, SIOP Planning & Execution, Supply Chain Planning

SIOP / S&OP: Proactive Approach to Maximizing Production Output & Capacity

Clients are struggling to keep up with customer's changing requests. Order backlogs remain relatively high (depending on the industry), but customers are pushing orders out at the last minute, pulling orders in without notice, adding future potential orders, and changing requirements on the fly. Production is scrambling to keep up.

admin2024-03-29T23:15:44-07:00January 5, 2024|Categories: Capacity Planning, Manufacturing, Manufacturing Scalability & Resource Planning, SIOP - S&OP, SIOP Execution - S&OE, SIOP Planning & Execution, Supply Chain Planning|Tags: business consulting, business results, capacity planning, customer service, industrial equipment, manufacturing, S&OP, sales forecasting, SIOP, Skills Gap, supply chain, talent|

Where Is Your Supply Chain Talent?
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Where Is Your Supply Chain Talent?

Supply Chain Briefing, Talent & Leadership, Talent / Skills Gap

Where Is Your Supply Chain Talent?

No client has enough high-skilled talent. In fact, it is the single largest issue facing executives. The skills gap is severe for high-skilled roles. Yet any company that wants to succeed is automating, digitizing, and utilizing advanced technologies such as robotics, additive manufacturing, and predictive analytics.

admin2024-03-29T23:18:45-07:00December 12, 2023|Categories: Supply Chain Briefing, Talent & Leadership, Talent / Skills Gap|Tags: business consulting, manufacturing, Skills Gap, supply chain consultant, talent, talent supply chain management, training & development|

Supply Chains are on the Move
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Supply Chains are on the Move

SIOP - S&OP, SIOP Planning & Execution, Supply Chain Management, Supply Chain Optimization

Supply Chains are on the Move

Global supply chains are on the move. Executives have been hit with the harsh reality that the risk (supply chain, geopolitical, cyber, IP, etc.) is far higher than they realized when they outsourced with an eye to cost.

admin2024-03-29T23:31:49-07:00October 10, 2023|Categories: SIOP - S&OP, SIOP Planning & Execution, Supply Chain Management, Supply Chain Optimization|Tags: backup sources of supply, geopolitical risk, innovation, IT roadmap, manufacturing, nearshoring, reshoring, S&OP, securing supply chains, SIOP, Skills Gap, supply chain, supply chain chokepoints, supply chain optimization, supply chain risk, talent, technology, VUCA|

Give Thanks
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Give Thanks

I've Been Thinking

Give Thanks

Although we should always think about giving thanks, it certainly comes to mind more over Thanksgiving week. I would like to thank the LMA team, clients, family, and friends for not only a wonderful year, but also for propping me up when I need it, asking the hard questions, providing support, and much more. It takes a village!

admin2023-09-11T16:20:37-07:00November 22, 2022|Categories: I've Been Thinking|Tags: Skills Gap|

The War for Talent in the Supply Chain & Upcoming Webinar of Top Notch Global Consultants
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The War for Talent in the Supply Chain & Upcoming Webinar of Top Notch Global Consultants

Supply Chain, Talent / Skills Gap

The War for Talent in the Supply Chain & Upcoming Webinar of Top Notch Global Consultants

Many circumstances have added up to create a massive war for talent. As I wrote in Brushware magazine, the skills gap is getting worse by the day. According to the Bureau of Labor Statistics, 4.3 million Americans quit their jobs in August which is a record-breaking month following additional record-breaking months.

admin2023-11-09T08:30:05-08:00November 8, 2021|Categories: Supply Chain, Talent / Skills Gap|Tags: Skills Gap, talent supply chain management|