Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., advises manufacturers and distributors to take a 360° mid-year review of their supply chains. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.
“The last 16 months have been a roller coaster of change for manufacturers and distributors. We have seen what happens when demand drops like a rocket and supply outpaces demand. And, we have seen when demand outstrips supply and manufacturers are caught without sufficient resources. We have also seen how changes in demand can affect customer service, lead times, inventory levels, working capital and profits. Yet, companies that have aggressively and innovatively responded to changes in customer needs have realized significant results. The recent high levels of turbulence prove that it is never a good time to consider that your supply chain is in auto-pilot,” Anderson comments.