Brushware contributor Lisa Anderson has launched a new Supply Chain Bytes, a short video series that addresses timely topics in the global supply chain for manufacturers. The series will cover world events and related impacts such as Houthi rebels attacking ships in the Suez Canal, and we’ll provide suggestions and insights related to the latest […]
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By Lisa Anderson There is a trifecta of supply chain vulnerabilities, disruptions and risks creating volatility, uncertainty, complexity and ambiguity (VUCA) in the business environment. From supply chain vulnerabilities like the ones exposed in the Middle East war to the heightened risks that emerged with Hurricane Helene and the disruptions occurring with labor unrest and […]
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By Lisa Anderson The economy is facing headwinds with high inflation, interest rates and concerning employment numbers. The world is on high-risk alert with the Russia-Ukraine war and the Israel-Hamas war, which has expanded to Hezbollah. Iran backs Israel’s enemies as well as the Houthi rebels that have been attacking container ships in the Suez […]
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By Lisa Anderson The world faces economic headwinds. According to the Economist, Europe’s economy only grew at four percent this decade as compared with eight percent growth in the United States and is struggling with a triple shock of the energy crisis, surging Chinese imports and the threat of tariffs from the U.S. On the […]
Read MoreBy Lisa Anderson To succeed in the current world dominated by supply chain disruptions and chokepoints, executives must create resiliency and get ahead of the inevitable volatility. The latest, the Francis Scott Key Bridge collapse, has caused massive diversions on the East Coast and in the Baltimore region pointing out the need for backup sources […]
Read MoreIn the aftermath of the catastrophic collapse of the Francis Scott Key Bridge, Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., emphasizes the profound and wide-ranging impacts on global supply chains. The bridge’s destruction not only disrupts local traffic and logistics but also sends shockwaves through international trade routes, highlighting the critical need for robust […]
Read MoreBy Lisa Anderson According to a study by Deloitte and The Manufacturing Institute, two million jobs could go unfilled in the sector by 2030. The cost in 2030 alone could potentially total $1 trillion. Worse yet, the surveyed manufacturers said it is 36 percent harder to find the right talent than in 2018, and 77 […]
Read MoreBy Lisa Anderson According to Polaris Market Research, the market size of artificial intelligence (AI) in manufacturing is predicted to grow more than 41 percent during the next decade. Although the latest Sikich Industry Pulse found that less than 20 percent of manufacturers have started to implement AI, those wanting to thrive in the next […]
Read MoreBy Lisa Anderson Only companies that automate, digitize and utilize modern ERP systems and advanced technologies will survive, let alone thrive during the next decade. There is no doubt that volatility, uncertainty, complexity and ambiguity (VUCA) have increased in importance since the pandemic, and even though progress has occurred, there is no end in sight. […]
Read MoreBy Lisa Anderson Executives are tired after surviving the pandemic, navigating supply chain disruptions, handling soaring inflation, and dealing with one challenge after another. However, it is not time to rest as supply chain risks abound. From the Russia-Ukraine war to China’s aggression in the South China Sea and as well as hurricanes, strikes and […]
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