As we close in on year-end, successful manufacturers are focused on executing proactive plans. Learn about the strategies the best companies are using to accelerate the pace and separate from the pack. The ability to scale, provide customer value and gain EBITDA will drive success in the New Year.
Smart proactive companies are moving supply chains from global to local - or regional at a minimum. Yet the best companies are doing that while also focusing on resiliency. Our best clients are getting ahead of the pack with proactive strategies to move towards local with resiliency.
Medical products manufacturing is gaining momentum as companies want to build resilience to mitigate risk in the supply chain. Executives have realized that they must better control their end-to-end supply chain to ensure supply as geopolitical risks, vulnerabilities, and disruptions continue to arise while tariffs also push companies to build domestic capacity.
Although it starts with a depressing state of affairs for manufacturers, there is vast opportunity on the horizon. Manufacturing investments have been pouring into the U.S. and the three pillars of economic success are trending positive. Companies must prepare to scale and for success.
In this episode of Supply Chain Chats, Lisa Anderson, president of LMA Consulting Group, talks with Alan Dunn, President of GDI Consulting about the future of supply chains. They discuss how tariffs have and will reshape global manufacturing and become a catalyst for transformation.
Supply chains are plagued with geopolitical, cyber and supply chain risks. Companies have been focused on building resiliency and efficiency; however, as important as it is to be agile and profitable, it is no longer enough. Forward-looking companies are focusing on predictability, scalability, and customer value.
Geopolitics have been driving significant changes in supply chains. For example, stemming from the China threat, GM has just announced that it wants parts makers to pull supply chains from China. As supply chains evolve, it creates an expansive effect. As companies evaluate supply chain network changes, there are many items to take into account
Manufacturers must reexamine the role of technology and data in driving real-time business performance. Markets shift, demand changes and supply disruptions emerge overnight. The best-performing manufacturers are those that can plan and pivot because they trust their data, have optimized ERP and utilize SIOP.
In this Supply Chain Byte, Lisa Anderson highlights a recent breakthrough in manufacturing—and why collaborative supply agreements are important. When suppliers and manufacturers align goals, share information and commit together, progress moves from idea to impact.
As geopolitical, tariff, and other supply chain risks are causing concerns with offshoring strategies and the global sourcing perspective, companies are reviewing domestic alternatives. Companies are moving towards domestic and regional supply chains and preparing to scale manufacturing and the extended supply chains.
