future of supply chain Archives - LMA-Consulting Group, a supply chain consulting firm https://www.lma-consultinggroup.com/tag/future-of-supply-chain/ Sat, 30 Mar 2024 06:34:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.5 IE Industrial Market to Face Challenges in 2024 https://www.lma-consultinggroup.com/ie-industrial-market-to-face-challenges-in-2024/ https://www.lma-consultinggroup.com/ie-industrial-market-to-face-challenges-in-2024/#respond Wed, 27 Dec 2023 06:39:50 +0000 https://www.lma-consultinggroup.com/?p=23039 Owners of Inland industrial properties should prepare for a bumpy ride in 2024.

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Lisa Anderson was quoted in IE Business Daily recently on the state of the Inland Empire as a new year starts – will it be boom or bust? What’s in store for the industrial market in 2024? Anderson says you could be in for a bumpy ride.

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The days of a perpetually red-hot industrial market in the Inland Empire – record sales and leases, high vacancy rates, plenty of speculative development, and an endless absorption of open space – may be a thing of the past.

At the very least, with the start of a new year less than one month away, growth of the logistics manufacturing sector in Riverside and San Bernardino counties has been put on hold, and it might stay that way for a while.

The Inland Empire’s industrial market won’t be at full strength as it heads into 2024 if the most recent data is any indication.

Rather than boom or bust, 2024 will probably be an erratic year for the Inland industrial market, according to Lisa Anderson, founder and president of LMA Consulting Group Inc. in Claremont.

Absorption and lease rates probably will be flat during the next 12 months, while vacancy will be up, but only slightly, Anderson predicted.

“I expect an up and down year, for several reasons,” said Anderson, whose firm specializes in management strategies and publishes a monthly online newsletter on supply chain issues. “Interest rates remain a little high, and there is still a lot of concern about the economy and the direction it’s going. Also, more people are starting to understand that it’s difficult, and a little risky, to operate a global supply chain.”

Owners of Inland industrial properties should prepare for a bumpy ride in 2024.

“I expect the [Inland] industrial market to be up and down in 2024,” Anderson said. “There will be good news and bad news, and the market will react to both.”

 

To read the full article, click here.

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What’s Happening in Supply Chain Today? https://www.lma-consultinggroup.com/whats-happening-in-supply-chain-today/ Thu, 19 Oct 2023 21:41:33 +0000 https://www.lma-consultinggroup.com/?page_id=22238 In today’s environment, understanding your supply chain is critical to the success of your business. Join us as we chat with Lisa Anderson, President of LMA Consulting Group, about what’s going on in the supply chain, technology trends, and why it’s important to have standards. 

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In today’s environment, understanding your supply chain is critical to the success of your business. Join us as we chat with Lisa Anderson, President of LMA Consulting Group, about what’s going on in the supply chain, technology trends, and why it’s important to have standards. 

Key takeaways:

  1. The combination of business intelligence, predictive analytics, and other tools can drive positive results for companies and improve decision-making in areas like production, purchasing, and customer needs.
  2. Labor shortage is a global issue that is causing bottlenecks and potential problems in the supply chain. Companies need to explore technologies and automation to address this challenge and navigate volatility in the supply chain.
  3. Standardizing data and implementing technologies like barcoding and RFID can lead to improved business performance, better forecasting, resource allocation, and material management, resulting in decreased lead times and increased growth. Prioritizing resources and focusing on what will make a difference for customers, revenue, and employee engagement is key.

Click here to download.

Originally published on GS1 on 9/27/2023

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The Future of the Supply Chain – Thriving into 2024 https://www.lma-consultinggroup.com/the-future-of-the-supply-chain-thriving-into-2024/ https://www.lma-consultinggroup.com/the-future-of-the-supply-chain-thriving-into-2024/#respond Fri, 22 Sep 2023 20:10:15 +0000 https://www.lma-consultinggroup.com/?p=21809 A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.

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A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.

But successful businesses are finding opportunities in the supply chain disruptions, thanks to proactive, innovative thinking and the right technology.

Learn more in our on-demand panel discussion webinar, The Future of the Supply Chain – Thriving into 2024.

It’s hosted by Vision33’s Carl Lewis and manufacturing industry expert Lisa Anderson, founder and president of LMA Consulting Group Inc., a consulting firm specializing in manufacturing strategy and supply chain transformation.

Carl and Lisa will discuss industry trends, critical strategies to position yourself for success, and how technology keeps you ahead of the curve by:

  • Automating manufacturing processes
  • Improving inventory management
  • Increasing supply chain visibility and traceability
  • Improving cash flow management

You can be an industry leader and find opportunities by assessing your end-to-end supply chain and investing in tools and technology.

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Supply Chain: An update on Challenges and Opportunities https://www.lma-consultinggroup.com/supply-chain-an-update-on-challenges-opportunities/ https://www.lma-consultinggroup.com/supply-chain-an-update-on-challenges-opportunities/#respond Sat, 27 May 2023 00:54:52 +0000 https://www.lma-consultinggroup.com/?p=18834 Supply chain disruptions continue to plague manufactures, distributors, and all organizations with products and inventory.

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Lisa Anderson spoke at an Association of Operations Management (ASCM) meeting on “Supply Chain Challenges”.

Supply chain disruptions continue to plague manufactures, distributors, and all organizations with products and inventory. Beyond COVID, volatility continues with the Russia-Ukraine war, tensions between China and Taiwan, threat of strikes (rail, ports, etc.), weather events, lack of talent, and more. Thus, the key is how to prepare for success amidst these challenges as there will be more opportunities than any time in history to leapfrog the competition and dominate your market. Lisa talks through strategies to keep ahead of the changing landscape to thrive for decades to come.

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Why Our Nation’s Supply Chain Will Never Be Normal https://www.lma-consultinggroup.com/why-our-nations-supply-chain-will-never-be-normal/ https://www.lma-consultinggroup.com/why-our-nations-supply-chain-will-never-be-normal/#respond Sat, 18 Feb 2023 22:25:23 +0000 https://www.lma-consultinggroup.com/?p=22235 Disruptions in the nation’s and the world’s supply chain came escalated during the pandemic. Despite a slight rebound from the chaos that occurred in the past couple of years, the supply chain is still in a state of flux. The Wall Street Journal recently issued an article on how supply chains are back to normal.

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Disruptions in the nation’s and the world’s supply chain came escalated during the pandemic. Despite a slight rebound from the chaos that occurred in the past couple of years, the supply chain is still in a state of flux. The Wall Street Journal recently issued an article on how supply chains are back to normal. Lisa Anderson of LMA Consulting Group disagrees. She says the supply chain will never be normal. Lisa is an expert in this area. Tune into this episode of The Truckers Network Radio Show when Shelley Johnson and Tom Kelley get Lisa’s take on what all of this means to the transportation sector and trucking. Learn how to survive and thrive despite the challenges and shortfalls that may be coming. Be sure to subscribe to our podcast. It’s free.

Click here to listen

 

Originally published Truckers Network Radio Show on 2/18/2023

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Novigo Supply Chain Expert Series https://www.lma-consultinggroup.com/novigo-supply-chain-expert-series/ https://www.lma-consultinggroup.com/novigo-supply-chain-expert-series/#respond Wed, 27 Jul 2022 16:53:18 +0000 https://www.lma-consultinggroup.com/?p=18178 Supply Chain Series - Lisa Anderson Supply Chain Expert Series featuring Lisa Anderson - Founder and President, LMA Consulting Group, shares her insights on what is impacting supply chains today and how supply chain leaders can future-proof their supply chains.

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Supply Chain Series – Lisa Anderson Supply Chain Expert Series featuring Lisa Anderson – Founder and President, LMA Consulting Group, shares her insights on what is impacting supply chains today and how supply chain leaders can future-proof their supply chains.

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Today’s Medical Developments: What Will the Supply Chain Look Like in 2022? https://www.lma-consultinggroup.com/todays-medical-developments-what-will-the-supply-chain-look-like-in-2022/ https://www.lma-consultinggroup.com/todays-medical-developments-what-will-the-supply-chain-look-like-in-2022/#respond Wed, 08 Dec 2021 20:04:20 +0000 https://www.lma-consultinggroup.com/?p=15912 Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., will talk about the current state of the supply chain, and more importantly, what executives should be doing to survive – and thrive – during these volatile times.

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Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., will talk about the current state of the supply chain, and more importantly, what executives should be doing to survive – and thrive – during these volatile times.

If you missed the live event, tune in now to hear from Lisa Anderson, founder and president of LMA Consulting Group Inc. The end-to-end supply chain challenges are exacerbated with the great resignation of people. Unfortunately, these issues are not going away anytime soon. Lisa talks about the current state of the supply chain, and more importantly, what executives should be doing to survive – and thrive – during these volatile times.

Click here for the full story.

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What will supply chains look like in 2022? https://www.lma-consultinggroup.com/what-will-supply-chains-look-like-in-2022/ Wed, 08 Dec 2021 19:57:55 +0000 https://www.lma-consultinggroup.com/?page_id=15910 Supply chain is dominating the news. Demand is soaring, ports are backed up, container prices are soaring, shipping costs are skyrocketing, warehouses are full, and manufacturers are experiencing extended lead times across the board. The end-to-end supply chain challenges are exacerbated with the great resignation of people. Unfortunately, these issues are not going away anytime soon. [...]

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Supply chain is dominating the news. Demand is soaring, ports are backed up, container prices are soaring, shipping costs are skyrocketing, warehouses are full, and manufacturers are experiencing extended lead times across the board. The end-to-end supply chain challenges are exacerbated with the great resignation of people. Unfortunately, these issues are not going away anytime soon. We will talk about the current state of the supply chain, and more importantly, what executives should be doing to survive – and thrive – during these volatile times.

  • Strategies to retain, develop and attract talent during the great resignation
  • The regionalization of manufacturing and the great migration back to local
  • Digitization of the supply chain and turning data into insights
  • The resilient supply chain and how Sales, Inventory & Operations Planning (SIOP) can help you scale and serve customers
  • Innovate to thrive

Lisa Anderson President of LMA Consulting Group, will discuss what supply chains will look like in 2022.

Click here for the full story.

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Today’s Medical Developments: A Look at the Supply Chain Entering 2022 https://www.lma-consultinggroup.com/todays-medical-developments-a-look-at-the-supply-chain-entering-2022/ https://www.lma-consultinggroup.com/todays-medical-developments-a-look-at-the-supply-chain-entering-2022/#respond Wed, 01 Dec 2021 19:53:26 +0000 https://www.lma-consultinggroup.com/?p=15976 The end-to-end supply chain challenges are exacerbated with the great resignation comments Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc.

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“The end-to-end supply chain challenges are exacerbated with the great resignation”, comments Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc.

 

Supply chain is dominating the news. Demand is soaring, ports are backed up, container prices are soaring, shipping costs are skyrocketing, warehouses are full, and manufacturers are experiencing extended lead times across the board.

The end-to-end supply chain challenges are exacerbated with the great resignation of people. Unfortunately, these issues are not going away anytime soon. We will talk about the current state of the supply chain, and more importantly, what executives should be doing to survive – and thrive – during these volatile times.

  • Strategies to retain, develop and attract talent during the great resignation
  • The regionalization of manufacturing and the great migration back to local
  • Digitization of the supply chain and turning data into insights
  • The resilient supply chain and how Sales, Inventory & Operations Planning (SIOP) can help you scale and serve customers
  • Innovate to thrive

Click here for the full story.

The post Today’s Medical Developments: A Look at the Supply Chain Entering 2022 appeared first on LMA-Consulting Group, a supply chain consulting firm.

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ACHR News: Distribution Trends November 2021 Roundup https://www.lma-consultinggroup.com/achr-news-distribution-trends-november-2021-roundup/ https://www.lma-consultinggroup.com/achr-news-distribution-trends-november-2021-roundup/#respond Fri, 19 Nov 2021 19:49:04 +0000 https://www.lma-consultinggroup.com/?p=15902 Labor shortages exist in almost every industry and position. Manufacturing, transportation, distribution — none of these industries are exempt. And, most of these industries affect the consumer, who has felt the supply chain pinch the worst, said Lisa Anderson Manufacturing and Supply Chain Expert, MBA, CSCP, CLTD, president of LMA Consulting Group Inc..

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Labor shortages exist in almost every industry and position. Manufacturing, transportation, distribution — none of these industries are exempt. And, most of these industries affect the consumer, who has felt the supply chain pinch the worst, said Lisa Anderson Manufacturing and Supply Chain Expert, MBA, CSCP, CLTD, president of LMA Consulting Group Inc..

Click here for the full story.

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