New Jersey News: UK’s Shipping Port Strike Adds to Fragile Supply Chain
Lisa Anderson, president of LMA Consulting Group, Claremont, CA comments on why the supply chain is wrong whether we are talking about West Coast or East Coast.
Lisa Anderson, president of LMA Consulting Group, Claremont, CA comments on why the supply chain is wrong whether we are talking about West Coast or East Coast.
In this episode of Interlinks, we’re going to check in on some of the major global regions, namely Europe, North America and Asia Pacific, to see what is going on and what is topical in supply chain in summer 2022.
U.S. manufacturing is gaining momentum as companies rethink global supply chains and reduce risk. Accelerating reshoring, expanding domestic manufacturing capacity, investing in technology, and strengthening critical industries can improve resilience and support long-term growth.
Inflation and rising operating costs are putting pressure on cash flow and profitability. Lisa Anderson discusses why proactive cash flow management and strategic inventory decisions are essential for navigating economic uncertainty and protecting business performance.
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.
Supply chain disruption, labor shortages, inflation, and shifting customer expectations continue to reshape the manufacturing landscape. Discover the common challenges clients are facing and the strategies leading organizations are using to strengthen resilience, execute effectively, and 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 [...]