Supply chain is in a state of volatility, uncertainty, complexity, and ambiguity (VUCA). Whether you look at the impacts related to wars and chokepoints throughout the world, the uncertain economy and resulting backlogs, or the uncertainty of the reliability of key sources of supply [...]
As geopolitical and economic risks rise, executives become more concerned. Proactive clients are taking action to boldly invest where it makes sense while aggressively focusing on inventory and cost reduction of non-value added items/ work and also ensuring high customer service levels.
Supply chain complexity continues to accelerate as organizations navigate geopolitical risk, talent shortages, technology disruption, and economic uncertainty. In this ASCM Orange County webinar, Lisa Anderson explores the top supply chain challenges facing manufacturers and distributors and outlines strategies to improve resiliency, predictability, profitability, and growth.
In this episode of Interlinks I converse with Lisa Anderson of LMA Consulting in the Los Angeles metro area about manufacturing in the USA.
The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.
According to a study by Deloitte and The Manufacturing Institute, 2 million jobs could go unfilled in the sector by 2030. The cost in 2030 alone could potentially total $1 Trillion.
Talent is such a critical topic that we will keep our eyes and ears out for unique strategies and fresh ideas for success.
Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.
Supply chains are being reshaped by geopolitical uncertainty, talent shortages, technology disruption, and evolving customer expectations. In this Manufacturing Matters webinar, Lisa Anderson discusses practical strategies to improve resiliency, leverage SIOP, develop talent, and build supply chains that support long-term growth and profitability.
The world has never experienced a labor shortage quite like the one we are experiencing. According to the Bureau of Labor Statistics, employment growth will average .3 over the next decade; however, labor participation will drop from 62.2% to 60.4%.
