Inflation is rising faster than at any time in recent memory. Businesses must deal with rapid cost increases by managing cash flow efficiently and communicating effectively with customers and suppliers. The benefits of inventory reduction must be balanced against the need to maintain critical stock for top customers.
Escalating tensions between China, Taiwan and the U.S. are adding to global supply chain risk. Lisa Anderson discusses why technology manufacturers are looking to move production out of China to reduce disruption, strengthen supply continuity and gain greater control over customer service.
"There is no doubt that tech manufacturing wants to move out of China. They cannot afford the risk of continued disruption to supply, and they want to gain better control over their ability to serve customers," said Lisa Anderson, President of LMA Consulting Group."
Supply Chain Series - Lisa Anderson Supply Chain Expert Series featuring Lisa Anderson - Founder and President, LMA Consulting Group, shares her insights on what is impacting supply chains today and how supply chain leaders can future-proof their supply chains.
Manufacturers and distributors continue to face volatility, supply chain disruptions, talent shortages and changing customer needs. Lisa Anderson shares how proactive companies are strengthening visibility, investing in talent and technology, and improving execution to position themselves for profitable growth.
The statistics have been staggering. Supply chain disruptions have cost companies an average of $182 million in lost revenue, according to an Interos Supply Chain report. Additionally, there are many unhappy customers in the wake of these disruptions. The bottom line is that the global supply chain [...]
MPO Magazine: The Big Shift: Nearshoring Trends in Medtech Manufacturing "Medical device companies are on the move," said Lisa Anderson, president of LMA Consulting Group, a Claremont, Calif.-based consulting firm that specializes in manufacturing strategy and end-to-end supply chain transformation."For example, Costa Rica continues to gain significant nearshoring opportunities".
I went to Costa Rica with my brother and nephew, and so I've been thinking about the amazing Costa Rican biodiversity, beaches, birds and biotech manufacturing.
Global supply chains have never been more volatile. Lisa Anderson discusses how companies are responding to disruptions by sourcing and manufacturing closer to customers, reducing risk and gaining greater control over their supply chains.
There is no doubt we are struggling with volatility in the supply chain. Inflation is the hot topic on one hand with rising prices, difficulty in finding people, wage inflation and much more.
