Tag Archive: Skills Gap

The Latest Trends

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I recently spoke on the topic of the latest trends and what is in store for 2018. The Amazon Effect is still top of mind as well as near-sourcing, finding a “right fit” team member and technology. You need to be thinking of how these trends are likely to impact your business.
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Emerging Technologies for Supply Chain

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There is an ever-increasing interest in emerging technologies for supply chain. When thinking of your end-to-end supply chain – from your suppliers’ suppliers, through your manufacturing and distribution operations, to your customers’ customers – you must consider technology to have any hope of achieving success. In today’s Amazon-impacted environment, rapid information and product flow must be accompanied with low-cost and efficient supply chains to maximize the customer experience, profitable growth and cash flow. Trending technologies to consider in your strategic discussions include the following: Additive manufacturing such as 3D printing – it is no longer just for R&D. The progressive…
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Women in Supply Chain (and Why Men Should Care)

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Whether you’re a man or woman, if you are in the end-to-end supply chain, you should be thinking about women in supply chain. We’re facing a serious skills gap in the next several years in manufacturing and supply chain circles. Although women make up 47% of the labor force, they compose only 27% of the manufacturing workforce. Thus, logic dictates that if we can raise that percentage, we’ll cover much of our skills gap! I spoke on “Women in Supply Chain” at the western district conference for APICS (#1 supply chain management association) this weekend. I also am a mentor…
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Who Should You Follow? A Guide to Good Mentoring Relationships

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We recently took on one of our first consulting mentoring projects. Since our focus is on delivering growth and profitability for manufacturing and distribution companies, we work mainly with business-to-business. With that said, every consulting project involves some level of coaching – mentoring – to people working on those businesses to deliver results. And since we consider results to be the 80/20 of our business, we put a lot of attention on coaching the appropriate employees (from line supervision to the executive team) to achieve a desired outcome. So when a consulting mentorship opportunity arose with a mentee who was…
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The Eagles & Apprenticeships

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Last weekend I went to Classic West – an amazing weekend of six classic bands at Dodger Stadium including The Doobie Brothers, Eagles, Journey, Fleetwood Mac, Steely Dan and Earth, Wind & Fire. What a lineup! Aside from amazing music and fabulous floor seats (we were two rows back from David Spade!), we were also able to meet up with family and friends. While I adore Journey, I have to admit the best act of the weekend was the Eagles. This was the Eagles first concert since Glenn Frey’s sudden passing in 2016, and they made it a tribute to him.…
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Manufacturers Upbeat but Worry About Skills Gap

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According to Industry Week, the Fed’s survey of the economy expressed optimism; however, it also noted that labor markets are tightening. Since I’m also embarking on refreshing my 2013 Skills Gap research report, thus far, I’ve noted the same concerns for high-skilled positions. I hear far less conversation about lower-skilled positions when it comes to availability (instead I hear about minimum wage concerns); however, the vast majority of my clients require higher-skilled positions. In these cases, it is not always easy — or even attainable — to find the resources needed on a timely basis. What are you doing to get…
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Deloitte Survey Says Talent Gap Jeopardizes Success

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According to the 2017 Deloitte Global CPO Survey, 85% of those surveyed felt that talent was the largest factor in driving procurement performance yet 60% think they have a skills gap to deliver on their procurement objectives. My clients are experiencing this same phenomenon, no matter the role within manufacturing and supply chain. What are you doing to find, retain and develop your talent? What Should We Consider and/or What Impacts Could Arise? We are in a volatile business environment – global trade is evolving, risks abound, regulations are changing, supply chains are complex and significant change has become the norm. Instead…
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Manufacturing Expands at Fastest Rate Since 2010

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According to the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index, manufacturing is on an upswing. The composite index rose in January, making it the fifth straight monthly expansion. New orders and production grew strongly! And the Dallas Federal Reserve Bank reported that manufacturing activity expanded at its fastest pace since April 2010 — more importantly, leaders are positive about the next six months. In fact, the forward-looking outlook measure jumped to a level not seen in 12 years! Are you ready? What Should We Consider and/or What Impacts Could Arise? Although this is great news for manufacturing, we should make…
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70% of Manufacturing Execs Say Near-Sourcing Will Increase

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Lisa Anderson MBA, CSCP, president of LMA Consulting Group, conducted a proprietary research study to better understand outsourcing, near-sourcing and insourcing trends for U. S.-based manufacturers. Pending further analysis, Anderson reports on a preliminary finding that shows that 70% of responding executives expect near-sourcing to increase within the next five years. Survey data was collected from August to October 2016, and the U. S. presidential election may have an impact on this trend toward near-sourcing. “I’ve seen that manufacturers were already considering insourcing to the U.S. and near-sourcing options to Mexico and other closely located countries because of the Amazon effect – the need…
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Lisa Anderson Selected as Toyota Women in Supply Chain Mentor

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Lisa Anderson MBA, CSCP, president of LMA Consulting Group, was selected to participate in The Toyota Women in Supply Chain Mentoring Program sponsored by the Toyota Foundation and The Peter F. Drucker Center for Supply Chain & Logistics, Claremont Colleges. Anderson, a sought after speaker on supply chain, customer service, skills gap, ERP, SIOP, and the Amazon Effect and its impact on business operations of manufacturers and distributors, will mentor a student and help her be ‘economy-ready,’ understanding the people, process, strategy, structure and technology involved in Global Supply Chain Operations. Anderson is board approved in supply chain strategy, an…
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