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innovation

Supply Chain Shortages Remain a Concern: Strategies for Success

Manufacturers wish they left supply chain shortages behind after the pandemic, but they remain top of mind. Concerns remain. According to KPMG, “71% of global companies highlight raw material costs as their number one supply chain threat for 2023.”

Consulting Society Announces Global Award Winners for 20th Year

The Society for the Advancement of Consulting® (SAC), the leading global association of independent consulting professionals, today announced the winners of the Corrie Shanahan Memorial Award for Advancing Consulting
2024-03-29T23:21:10-07:00November 14, 2023|Categories: Business & the Economy, Press Releases|Tags: , , , |

Supply Chains are on the Move

Global supply chains are on the move. Executives have been hit with the harsh reality that the risk (supply chain, geopolitical, cyber, IP, etc.) is far higher than they realized when they outsourced with an eye to cost.

Companies Eye Innovation and Disruption in Volatile Economy

CLAREMONT, Calif., August 1, 2023/ExpertClick/ -- Proactive innovation and disruption are helping businesses to succeed in the current volatile economic environment, according to The Society for the Advancement of Consulting® (SAC). The best companies are leveraging their culture of innovation and advanced technologies to enhance customer experience. Without it, [...]

SIOP / S&OP: Don’t Reshore; Move Manufacturing Forward

Globalization is not working. Geopolitics abound. For example, the war in Russia and Ukraine ravages on. There are concerns around the nuclear power plant in Ukraine, occupied by Russia. And that is aside from the impact on oil, food, commodities and much more. China continues to threaten Taiwan and has already changed Hong Kong. It is no longer the same for business. There are countless risks throughout the world.

Strategies to Expand Thinking to Innovate & Advance Technology

It is not easy to expand your thinking, open yourself up to new ideas, and think creatively while completely focused on day-to-day execution. Yet it will be the most important ingredient to success in the next several years.
2024-01-16T21:37:38-08:00June 26, 2023|Categories: Innovation, Supply Chain Briefing|Tags: , |

Supply Chain: Innovate to Thrive in the Next Decade

Originally posted in ASI - Adhesives & Sealants Industry - June, 2023 Innovation allows companies to achieve higher levels of growth, profitability, employee engagement, and success. According to the Global Innovation Index (GII), Switzerland ranks first in the world with the US edging out Sweden for the second position. [...]

The State of Business, Supply Chain and Opportunities

In this episode of Supply Chain Chats, Lisa Anderson talks about the state of business, the economy, and supply chain, what it means and how to take advantage of the opportunities that will come down the pike.She talks in detail about inflation, recession, the impacts of interest rates and the labor force and what the successful companies are doing differently to succeed.

Healthcare Supply Chains

Originally posted in Adhesives and Sealants Industry in May of 2023 As the healthcare industry supply chain faces more challenges, supporting industries must be proactive, resilient, and innovative. Although the visible bottlenecks in the healthcare supply chains are getting calmer, volatility will remain high. From the impacts of increasing [...]

The Economy & Manufacturing: What Do the Statistics Say?

According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]

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