Latest from Lisa Anderson's Blog - Page 2

With COVID-19, the rise of e-commerce, and the pressures of profitability, Industry 4.0 and the digitization of the supply chain is accelerating. What was on track for 2030 prior to COVID-19 should be expedited to 2021 or 2022 to keep pace with needs. For example, according to the Wall Street Journal, Fed Ex is installing robots with eyes and brains that allow them to sense and respond. Smart companies are not only proceeding with technology…
Unfortunately, I am quite saddened that the Claremont Club has decided to close its doors forever. It went from a success story written up by CBS News to a sad story upsetting most of its 10,000 members and residents. I was proud to be associated with the success story as the Claremont Club gained member support as they continued to pay their 260 employees when COVID-19 hit. I went to the hair salon when the…
CLAREMONT, CALIFORNIA – August 24, 2020 –  Manufacturing and Supply Chain Expert,  Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., tells companies to recognize  workforce talents and take time to partner with the right suppliers. 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. “Stabilizing the supply chain has been critical these last few…
We are seeing business just beginning to ramp up. As said in our eBook, Future-Proofing Manufacturing & Supply Chain Post COVID-19, this is not an on/off switch. We should turn the dial carefully (as quickly as possible while accounting for the end-to-end supply chain). Every situation is different.  Yet, common concepts exist and preparation is required. A few highlights include: Employee readiness: There are several rules and regulations in addition to considering your employees’ mindsets and…
The Future of Technology Technology is a tricky topic. On one hand, almost everyone has put technology and ERP implementations on hold due to concerns about COVID-19 impacts and to conserve cash. On the other hand, it is the best time to gain employees’ attention and focus on upgrading technology to scale the business, create a superior customer experience and deliver bottom line results. Kellogg or Post? As I said in my eBook, Future-Proofing Manufacturing…
While leading a panel “Building Resiliency in the Supply Chain” with gurus from Georgia Tech, the leading experts in global logistics and associated research, several intriguing concepts arose. My Association for Supply Chain Management group led a series of webinars on “Navigating through Volatility” including discussions with several logistics experts from distribution, the ports, transportation, technology and more. Many strategies for success arose during these sessions. And, last but not least, both my top-notch trusted…
Are you thinking about your product supply strategy? You certainly should be! I was asked to talk on Bloomberg’s “What’d You Miss?” about reshoring since it is a hot topic in the news. I was also on a webinar with other CEOs and thought leaders recently about the Future of Manufacturing.  The reshoring conversation took the majority of the hour because it was top of mind for manufacturers as well. The surveys are ‘adding up’:…
COVID-19 has disrupted every business. Some are growing far faster than supply can keep up, while others have dropped like a rocket. Still, others have almost identical dollar volume yet double the number of orders at half the order size, creating significant disruption in warehousing, shipping and transportation. And yet others might have less severe changes in volume with certain customers thriving and others dormant – all creating mix disruption. The supply side is no…
Since talking with CBS Tampa for a story on rising grocery prices, I thought it would be good to share with clients and colleagues as well. The bottom line is that grocery prices are definitely spiking due to supply chain disruptions due to coronavirus, not due to shortages of food. There are significant supply chain disruptions and volatility in demand and supply. For example, grocery is spiking in many categories such as eggs, pantry staples,…
Do You Know If Your Best People are Looking for a New Job? You better believe it! There is a trend across clients and colleagues that the best people are on the move! COVID-19 has disrupted the landscape. Whenever multiple clients experience similar situations, we take note. There is no doubt that the pandemic has spurred smart clients to hire top talent and top talent to look for new opportunities. In the last few weeks…