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.
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
Artificial intelligence is sweeping through every corner of the enterprise. The winners will be those who apply it with discipline, tying use cases to real bottlenecks, aligning Sales, Inventory & Operations Planning (SIOP) with data and keeping humans in control for judgment, safety and accountability.
A cargo spill can cause more than a mess — it can delay shipments, raise safety concerns and disrupt the supply chain. In this Supply Chain Byte, Lisa Anderson breaks down how to plan for the unexpected, coordinate with partners and adjust plans through SIOP to minimize disruption.
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.
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.
Global events—from geopolitical tensions to cyber events—can shake even the strongest supply chains. In this Supply Chain Byte, Lisa Anderson, President of LMA Consulting Group, shares why leaders must actively monitor risk at every point in their global supply chain and take steps to proactively prepare for disruption. If you're still managing risk reactively, this is your wake-up call.
Before Trump took office, let alone announced or implemented his tariffs plan, many major companies brought in extra inventory of products to the US in an attempt to mitigate the impact of potential tariffs, but the buffer will run out soon.
Having more diverse, shorter, less complex supply chains creates more resiliency.
In a note released before Trump’s address, LMA Consulting Group, which specializes in manufacturing and supply-chain strategy, said the U.S. must secure stable and diversified sources of rare-earth minerals to protect supply chains and maintain global competitiveness. “Supply chains don’t exist without rare earth minerals — without them, there [...]
