Tag Archive: lead times

Should I Move?

By
  Our clients frequently call with questions such as:  Should we renew our lease?  Should we move to a lower cost area?  Should we move to a lower cost state?  What considerations should we think about when evaluating our manufacturing and logistics network?  Should we outsource? Thus, we thought it would be prudent to address some questions and themes that should be evaluated from a strategic point-of-view when discussing supply chain network assessments. Let’s start by saying that our top clients begin THINKING about these topics several years in advance. Similar to selling a business, it isn’t the best plan to…
View Article




Big Grocery Chains Ramping Up Pressure on Food Suppliers

By
According to the Wall Street Journal the grocery industry is waking up to the importance of on time delivery and customer service as they compete with on-time retailers. Are you paying close attention and finding ways to get ahead?
View Article




Outsourcing, Insourcing or Near-Sourcing?

By
We are managing in an Amazon-impacted world. Customers expect rapid deliveries, 24/7 accessibility and products and services tailored to their needs. Customers are not willing to wait. In fact, they prefer same-day delivery. Our manufacturing clients are experiencing lead time reduction requests from their customers. Some are requests; many are required to maintain the business. It is wide spread. Building products that clients ship within a day. Food clients ship rapidly — within a day or a week at most. Optics, industrial equipment, consumer products — across-the-board requests for shorter lead times. And even clients such as aerospace with traditionally…
View Article




Lisa Anderson Presents “The Increased Need for More Control, Speed and Profit”

By
Lisa Anderson MBA, CSCP, president of LMA Consulting Group and a sought after manufacturing, distribution and supply chain consultant, speaker and writer who works with manufacturers and distributors in aerospace, building products and food is presenting “The Increased Need for More Control, Speed and Profit: How to Thrive in the Environment” in a TalentStream webinar on Wednesday, November 2, 2016, at 12:00 PM to 1:00 PM EDT. As the recession is long over and manufacturing has been reigniting, executives are re-evaluating their end-to-end supply chains in response to the critical importance of short lead times, increasing labor rates in low cost countries, concerns about “too much” money tied up in…
View Article




Research on Outsourcing Trends in Manufacturing

By
LMA Consulting Group’s Lisa Anderson Conducts Research on Outsourcing Trends in Manufacturing Lisa Anderson MBA, CSCP, president of LMA Consulting Group, is launching a third industry research study to help manufacturers, distributors and supply chain executives identify, understand and anticipate the trends in outsourcing, nearsouring and insourcing.  On the heels of the recession and an earlier trend by business to outsource, many businesses have jumped on the outsourcing bandwagon only to reverse course and bring all or some of their production back in-house. Later hybrids of insourcing and nearsourcing have helped companies maximize total value and more effectively meet customer…
View Article




The Importance of Controlled Speed

By
Last week I was in New Zealand, and I went on a wild ride on the Dart River (see below). We went at 100 kph with just 4 inches of water. It was a thrilling ride with amazing scenery in the background, and it got me thinking about the critical importance of speed in today’s workplace. EVERY single one of my clients must grow, improve service levels, reduce lead time, maximize margins, and improve efficiencies — YESTERDAY. Speed of results is of the essence. It has been the focus of my clients since the recession (as cash was the focus during the…
View Article




Slashing Lead Times to Counter the ‘Amazon Effect’

By
  My recent research report on the Amazon effect says that 67% of manufacturers and distributors feel customer service gaps when compared to Amazon-like offerings. One of those key areas is lead time. When looking across my clients, which resemble a well-diversified portfolio of manufacturing and distribution companies, customers are demanding a 20% decrease in lead time at minimum with expectations up to 50% reduction on average.   Time is one thing no one has! A few of my most successful and rapidly growing clients pride themselves on a 24-48 hour turnaround and prioritize their people, processes, systems, inventory strategy…
View Article