Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

LMA Consulting Group Sees Growth Opportunities for Manufacturers Willing to Take Risks

Lisa Anderson, Manufacturing & Supply Chain Expert Sees Growth Opportunities for Manufacturers Willing to Take Risks

LMA Consulting Group Sees Growth Opportunities for Manufacturers Willing to Take Risks

CLAREMONT, CALIFORNIA – June 29, 2023 – Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, known as the Strongest Link in Your Supply Chain® and President of LMA Consulting Group Inc., predicts that the next few years will separate the market leaders from all others. 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.

“The world is interconnected. The U.S. is dependent on China for healthcare products and pharmaceutical ingredients. The world is dependent on Taiwan for chips. Europe is dependent on Russia and Ukraine for natural gas. Africa is dependent on Russia and Ukraine for food. And much of the Western world is dependent on the U.S. for military support. And all of it centers on supply chains,” commented Ms. Anderson.


Upstream, supply chains rely on suppliers and their suppliers. While demand planning and data management address internal needs, warehousing, transportation and customer expectations affect the business downstream. It all culminates in managing resiliency, customer demand and taking risks for growth. “Many outside factors impact business decisions. Inflation impacts profitability. Interest rates and credit availability drive investment decisions. Fears of recession drive cost reduction strategies. Demographics impact the talent pool. And yet, staying ahead of the competition AND the customer will drive success. Technology, talent and taking risk is what stands between success and mediocrity. There are seven actions every company should take to capitalize on today’s opportunities,” she continued.

• Mitigate Key Risks
• Continually Improve the Customer Experience
• Leverage Technology
• Create a Culture of Innovation
• Manage Pricing and Costs Proactively
• Take the Opportunity to Invest
• Use a SIOP (Sales Inventory Operations Planning) Process to Ensure Resiliency

Ms. Anderson recently published The Road Ahead: Business, Supply Chain & The World Order, a special report that features actions successful companies are taking to be successful in 2023 and beyond. She has also released: SIOP (Sales Inventory Operations Planning): Creating Predictable Revenue and EBITDA Growth to help organizations implement a proven process. Download it: LMA website, Amazon and Apple.

About LMA Consulting Group – Lisa Anderson, MBA, CSCP, CLTD
Lisa Anderson is the founder and president of LMA Consulting Group, Inc., specializing in manufacturing strategy and end-to-end supply chain transformation. She focuses on maximizing the customer experience and enabling profitable, scalable, dramatic business growth. Ms. Anderson is a recognized Supply Chain thought leader by SelectHub, named a Top 40 B2B Tech Influencer by arketi group, a Top 16 ERP Expert to Follow by Washington-Frank, in the Top 10 Women in Supply Chain by Warner PR, in the top 55 Supply Chain & Logistics Experts by flexport, and a woman leader in Supply Chain by RateLinx. She has been interviewed by Fox News, published the special report: Thriving in 2022: Learning from Supply Chain Chaos – Insights from 22 Trusted Advisors and the eBook, Future-Proofing Manufacturing & the Supply Chain Post COVID-19, Her primer, I’ve Been Thinking, provides strategies for creating bold customer promises and profits. An expert on the SIOP process (Sales, Inventory Operations Planning), advancing innovation, and making the supply chain resilient, Ms. Anderson is regularly interviewed and quoted by publications such as Industry Week, Bloomberg, and The Wall Street Journal. For information, sign up for her Profit Through People® Newsletter or for a copy of her book, visit LMA-ConsultingGroup.com.
###
Media Contact Kathleen McEntee | Kathleen McEntee & Associates, Ltd. | p. (760) 262 - 4080 | KMcEntee@KMcEnteeAssoc.com

https://www.lma-consultinggroup.com/

Recent

More Stories

rendering of Penske solar-powered facility
Penske Truck Leasing

Penske Truck Leasing lights up new solar-powered facility initiative

Reading, Pa. – Nov. 18, 2024 - Penske Truck Leasing is lighting up a new solar-powered initiative seeking to boost efficiency, minimize energy costs, and reduce emissions initially at select truck leasing, truck rental, and truck maintenance locations in the U.S. with the installation and activation of its first-ever rooftop solar-powered systems.

The company’s new state-of-the-art facility in Channahon, Illinois, is now fully operational, and is predominantly powered by an onsite photovoltaic (PV) solar system, expected to generate roughly 80% of the building’s energy needs at 200 KW capacity. Any remaining required energy will be supplied by the local utility provider.

Keep ReadingShow less

Featured

Integrated Systems Design
Integrated Systems Design
Integrated Systems Design

Integrated Systems Design joins MHI’s Automated Storage and Retrieval Systems Group

WIXOM, MI, October 14, 2024 - Integrated Systems Design (ISD), a leading provider of innovative material handling solutions, announced today that it has joined MHI's Automated Storage and Retrieval Systems (AS/RS) product section group. This strategic move reinforces ISD's commitment to advancing automation technologies to its manufacturing and warehouse customers improving their warehouse, logistics, and supply chain systems.

MHI, the nation's largest material handling, logistics, and supply chain association, welcomes ISD to its AS/RS group, which focuses on promoting the development and implementation of automated storage and retrieval systems across various industries.

Keep ReadingShow less
Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

LAFAYETTE, Ind., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, announced today it was selected to receive a $1.6 million grant award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to support a research and development project aimed at decarbonizing the commercial transportation industry.

The three-year project, set to begin next year in partnership with the University of Delaware’s Center for Composite Materials, focuses on integrating high-efficiency solar energy into refrigerated trailers and truck bodies. This innovation will play a pivotal role in making zero-emission mid-mile transportation a commercially viable option.

Keep ReadingShow less
NobleLift

Noblelift 2024 Dealer Meeting

NOBLELIFT® North America Hosts its 2024 Dealer Meeting

Des Plaines , Illinois – NOBLELIFT North America, a global leader in Lithium-iron technology and a manufacturer of a comprehensive range of high-performance, low-maintenance manual, electric, and internal combustion material handling equipment, hosted its 2024 Dealer Meeting at the Embassy Suites in Rosemont, Illinois, just miles from their Illinois headquarters in Des Plaines, Illinois.

Over ninety participated in this year’s bi-annual dealer meeting which lasted two days. Day one of the program included presentations and training on various subjects such as NOBLELIFT new products, NOBLELIFT lithium-iron technology, future plans, leasing/financing, marketing, aftersales tech support, parts, extended warranties, quoting software, and more. The dealers welcomed the opportunity to learn more about the company, share their feedback and ideas, and network with other dealers.

Keep ReadingShow less
Randa Apparel & Accessories selects FORTNA to modernize 
Dallas-Fort Worth warehouse

Randa Apparel & Accessories selects FORTNA to modernize Dallas-Fort Worth warehouse

ATLANTA (Oct. 8, 2024) – Randa Apparel & Accessories (RAA), one of the world's leading fashion apparel and lifestyle accessories companies, today announced a strategic partnership with FORTNA, the leading automation and software company for the full logistics value chain, to modernize their recently acquired Dallas-Fort Worth 625,000 square foot warehouse. This collaboration aims to modernize the facility to meet contemporary demands, enhancing operational efficiency and productivity.

RAA, known for its portfolio of over 40 licensed brands and the recent acquisition of the Haggar brand, acquired the Dallas-Fort Worth facility as part of the deal. Faced with the decision to either move out of or upgrade the facility, RAA engaged with FORTNA to develop a comprehensive solution to keep operations local while addressing real estate constraints.

Keep ReadingShow less