The news is full of stories of rising prices propelled by supply chain disruptions. For example, the cost of lumber is creating extreme price increases for building and home upgrades. Supply Chain Dive noted that the cost of pallets could go up by 400% according to United Fresh Produce Association. On this same note, an NBC affiliate [...]
Several clients are wondering, “Is JIT Dead?”. Definitely not. Just-in-time inventory planning is a best practice inventory management process. If you are literally ordering just-in-time from China and expecting to not experience disruptions without strategic stockpiles, capacity or agility built into the picture is not smart. On the other [...]
Lisa Anderson, founder and president of LMA Consulting Group Inc., offers advice on how supply-chain managers can function efficiently in a time of deep uncertainty – and why's it's vital to achieve visibility of both customers and suppliers. The first step toward stabilizing the supply chain is to reach out [...]
CLAREMONT, CALIFORNIA – July 31, 2020 – Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., recommends that manufacturers and distributors increase the focus on stabilizing supply chains. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain [...]
CLAREMONT, CA—Diversification makes good business sense during COVID-19, provided that the rationale and focus for doing so is clear, according to The Society for the Advancement of Consulting® (SAC). With a clear focus, customers will get enhanced value from products and services, as your business avoids the panic mode [...]
CLAREMONT, CALIFORNIA – May 27, 2020 – Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., predicts that a proactive understanding of customer demand and diversification within the supply chain will prevent a next round of guffaws as the effects of COVID-19 [...]
Forget 'If It Ain't Broke, Don't Fix It' All bets are off in these unprecedented times. What worked yesterday might not work tomorrow. Take a fresh look at your product supply strategies. Should We Make or Buy? Many executives outsourced when it was the popular and often a smart [...]
Just-in-time might not be what it is cracked up to be! Certainly, the coronavirus impacts should give us reason to question this rule at face value. Are you running so tight that you only have one bin, pallet or small supermarket to keep your facility running? If so, the [...]
February 7, 2020 Manfred Keil a longtime economics professor at Claremont McKenna College and the chief economist for the Inland Empire Economic Partnership, spoke at a manufacturing and distribution group of trusted advisors on what we can expect for 2020. It was a fascinating discussion. The bottom line is that there [...]
Reshoring was at record levels in 2018! Manufacturers are starting to return as they see the total costs of offshoring combined with the rising costs in China and improved competitiveness of the U.S.
