Tag Archive: outsourcing

When is it the ‘Right’ Time for a Supply Chain Network Assessment?

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Supply Chain networks that are not set up to support scalable, profitable growth have a high likelihood of negatively impacting your customers, impeding your growth and consuming far more resources than they were ever imagined to sustain.  What is ideally mapped out one year is likely to change the next in today’s Amazonian marketplace. Thus, assessing your supply chain network from your suppliers’ suppliers through your manufacturing and logistics networks to your customers’ customers with an eye to customers, cost and cash will undoubtedly yield results. What are some hints to know when it’s the ‘right’ time?  Renew your lease, buy…
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Collaborating on Economic Forecasts

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I met with the Claremont McKenna team that puts together the Inland Empire economic forecast last week. They are well known in the Inland Empire for being on the forefront of the economics forecast and finding ways to bring unique insights into the process. Therefore, they were interested in what I see in terms of outsourcing, nearsourcing, insourcing and other key trends in manufacturing. Economic factors can have a significant impact on your business. I learned quite a lot about this from my Director of Purchasing when I was a VP of Operations many years ago. It was simply amazing — and…
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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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Technologies Transforming Supply Chains

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Modern marvels and new information technologies are transforming supply chains. Automation, robots, AI (artificial intelligence), 3D Printing, Bitcoin technology and the IoT (internet of things) are changing the way we look at supply chains. Are you thinking about any of these technologies down-the-line? Or are you thinking about the impacts of your competitors pursuing them? You should! We partner with clients to keep them at the forefront of these information technologies. At the core, we partner with executives to help them select the optimal ERP system to support their business objectives. Certainly, automation has always been a hot topic. Recently,…
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Crowdsourcing Is In

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In asking questions about outsourcing, insourcing and near-sourcing of the executive panel at APICS Inland Empire’s Symposium, we heard several great stories. One of them was compelling about the value of crowdsourcing. Crowdsourcing is the practice of engaging a ‘crowd’ or group for a common goal — often innovation, problem solving, or efficiency. It is powered by new technologies, social media and web 2.0. It is simply amazing as to what can be achieved with these out-of-the-box strategies. Many big name companies who can put “big bucks” behind their efforts have found that they can achieve far more with crowdsourcing…
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Outsourcing, Insourcing or Near-Sourcing?

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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…
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Research on Outsourcing Trends in Manufacturing

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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…
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Leverage Supply Chain Trends for Success

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As the year starts up, it seems an opportune time to discuss supply chain management trends. I find that those clients that pay attention to trends and find opportunities to leverage them often surpass their competition. I’m working with a diverse portfolio of manufacturers and distributors ranging from $6 million dollar, family-owned businesses to $100 million dollar facilities of multi-billion dollar, global companies.  When I see trends that cross company-size, geography, position, etc., I take note.  If you can apply the “right” best practice to the “right” situation at the “right” time with the “right” people, you can dramatically increase…
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Is Outsourcing Dead?

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GE has started to rev up Appliance Park again – and is starting to bring manufacturing back to the U.S. A few of my key contacts and clients have asked about re-shoring. The buzz in the news is beginning to focus on re-shoring. Add it all up – re-shoring to North America is definitely on the rise. Are you positioned to leverage this new trend? First, it makes sense to think through WHY we’d be thinking of re-shoring. There are several key points to consider: 1) Service & quality. 2) Speed & flexibility. 3) Cash. 4) Total Cost. 5) Risk.…
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Outsourcing, In-sourcing, Near-sourcing?

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For many years, companies outsourced as a natural course of activity. Unfortunately, often times, they didn’t even perform an analysis of the total benefit; instead, everyone else was outsourcing and so CEOs, Board of Directors and the like expected it to occur. Now, I host executive discussions and the topic arises in reverse. Let’s bring back manufacturing to the U.S. Even Walmart is promoting their investment into U.S. manufacturing…. Of course, I advocate looking at the facts. It is not so easy to move factories, equipment and people all around. Take stock of what you are doing and consider the following factors: 1.…
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