In step change progress to depending on China (who has been unreliable in supplying critical minerals), a strategic partnership has been developed to replace this dependence for antibiotics. Not many companies can take over manufacturing of extended supply chains and scale up adequately. Thus, strategic partnerships can provide the resources and investments to scale and succeed.
Supply chains are evolving at a rapid pace as global risks increase. To achieve success with this transformation, companies must roll out advanced technologies and develop strategies to mitigate down-the-line risks and impacts such as access to critical minerals and energy.
Distributors play a critical role in the supply chain in connecting manufacturers to customers with inventory, logistics, and fulfillment. As tariffs, geopolitical risks, and tax and regulatory changes take place, supply chains will evolve. Forward-thinking distributors are determining how to mitigate risks and take advantage of the opportunities that emerge with artificial intelligence and advanced technologies.
Global supply chains are being reshaped by shifting tariffs, trade regulations and geopolitical uncertainty. In this ASCM Inland Empire webinar, Lisa Anderson, President of ASCM-IE, and Ed Knab, international trade and customs expert, explore the ripple effects of tariffs on manufacturers and distributors—and the strategies companies can use to stay resilient.
The Southern California ports had a record-breaking month as the tariffs smoothed out and companies started preparing for peak season. As supply chains evolve significantly over the next several years, logistics systems will evolve. Companies must think ahead, predictively evolve their networks, modernize and upgrade their facilities, processes, and technologies.
Lisa Anderson participated on a panel for the Lou Desmond radio show to discuss the record-breaking month for the Southern California ports, the latest economic indicators for manufacturing and supply chain, impacts related to tariffs, and likely interest rate cuts in the fall as well as the importance of critical minerals in driving global supply chains.
Geopolitical risks and events happening around the globe can adversely impact medical device supply chains, creating delays, increasing costs, and causing other challenges for companies. Companies must pursue supply chain resiliency and additional strategies to succeed.
In this Supply Chain Byte, Lisa Anderson shares why cyber threats are becoming one of the biggest risks to manufacturing and distribution operations, and what leaders can do to stay ahead.
"SIOP" stands for Sales, Inventory, Operations Planning (SIOP). Depending on the industry or organization, you may also hear it referred to as “S&OP” or Sales and Operations Planning. Sometimes, it is even referred to as “IBP” or Integrated Business Planning. Typically, they mean the same thing. The most important words to emphasize are planning and alignment.
As companies reconfigure supply chains and expand domestic manufacturing capabilities, it is an ideal opportunity to embrace technology and automation to help metal fabricators and machinists offset increased costs associated with tariffs.
