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Business & the Economy

The Minimum Wage Hike, Cocoa Shortages, Egg Inflation & Impacts

California's minimum wage went up to $20/hr. for fast food restaurants with at least 60 locations nationwide that do not make bread. This law is causing widespread unintended consequences. For example, Fosters Freeze in Lemoore closed suddenly after the wage hike. Mod 5 Pizza is closing five locations.

The Francis Scott Key Bridge Collapse & Impacts in the Supply Chain

Horribly, a container ship collided with the Francis Scott Key Bridge, and much of the bridge collapsed. From a supply chain point of view, it has caused significant near-term impacts and extended disruptions in the region.

Inc.: Baltimore’s Business Community Grapples With Impact of Francis Scott Key Bridge Collapse

The Baltimore disaster is expected to further compound the stress already placed on the global freight system. “Container shipping traffic has already been quite disrupted, because of the drought going on in the Panama Canal–ships from there [are] going through the Suez Canal to come to the east coast of the U.S. from Northeast Asia,” says Lisa Anderson.

The Economy, Outlook & Strategies for Success

In the last month, we've participated in at least six economic forecast presentations or discussions with experts (economic, banking, investment, manufacturing). Although they each had nuances, common themes emerged. Adding our expertise into the mix, we see volatility on the horizon. 

IE Industrial Market to Face Challenges in 2024

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

Top 10 Trends to Shape Cold Food Chain in 2024

Lisa Anderson was quoted in Food Logistics' Top 10 Trends to Shape Cold Food Chain in 2024 recently. With the help of some supply chain visibility, sustainable measures, more focus on people and the ability to pivot at a moment’s notice, 2024 is anyone’s and everyone’s game to succeed. [...]

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: , , , |

Navigating a Slow Economy: Strategies for Manufacturers

Lisa Anderson of LMA Consulting Group was quoted in Manufacturing Dive about how manufacturers can navigate a slowing economy.

Inflation & Disruption Increasing Again

Inflation and disruption are increasing again. Wholesale inflation as measured by the producer price index increased by .5% since last month which was more than expected. Core inflation (excluding food and energy) went up by .3% which was also more than expected.

Lisa Anderson, Manufacturing & Supply Chain Expert Advises Business Leaders to Keep a Pulse on Current Events

The critical importance for owners and business leaders to understand how current events can significantly impact 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.
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