Tag Archive: supply chain trends

The Skills Gap Emerges as #1 at Prominent Supply Chain Conference

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At the Southern California Supply Chain and Logistics Summit conference, there were several keynote speakers from industry icons such as Amazon, UPS, Union Pacific and more.  One might expect quite a lot of interesting insights into the latest supply chain trends yet the most common theme among the presentations tied back to the skills gap. It boils down to having the “right people” for success – both in terms of employees and supply chain partners.           Several of the themes emerged the supply chain summit:  Automation: Friend or Foe? With the advances of automation in the…
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APICS Inland Empire Announces Panel for November 4 Fall Symposium

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APICS Inland Empire Announces Panel for November 4 Fall Symposium Panel Addresses Technology for Supply Chain Success    CLAREMONT, CA – October 19, 2017  APICS Inland Empire Chapter (APICS-IE), the leading association for supply chain and operations professionals, is proud to announce the Expert Panel assembled for the November 4, 2017 Symposium: “Leveraging Technologies for Supply Chain Success”.  “Technology affects all aspects of the Supply Chain from the movement and tracking of raw materials to forecasting and scheduling and the jaw-dropping autonomy of machines and transportation” notes Lisa Anderson, APICS-IE Chapter Leader and President of LMA Consulting Group. The topic…
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Robots, IoT, AI, Autonomous Vehicles and More – Update From APICS 2017

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I’ve been attending APICS 2017 in San Antonio, and there is LOT of talk about the digital transformation of the end-to-end supply chain. I listened to executives from J&J, Cisco, Microsoft, Whole Foods, Caterpillar, and innovative high-tech, rapidly growing companies, and the consensus is: Pay attention to technology. There is an opportunity to learn about the latest technologies such as robots, IoT, artificial intelligence, autonomous vehicles, blockchain and more at APICS Inland Empire‘s executive panel and networking symposium on “Leveraging Technology for Supply Chain Success“. More important than understanding these cutting edge technologies, is thinking about how to apply them…
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APICS Inland Empire Announces Fall Symposium on November 4

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APICS Inland Empire Announces Fall Symposium on November 4 “Leveraging Technology for Supply Chain Success” Offers Practical Insights  CLAREMONT, CA – October 13, 2017  APICS Inland Empire Chapter (APICS-IE), the leading association for supply chain and operations professionals, is proud to announce the Fall 2017 Networking Symposium and Expert Panel focusing on: “Leveraging Technologies for Supply Chain Success”. The event will be held on November 4, 2017 in Corona, California.  This event marks the fifth year that APICS-IE convenes a Fall conference and expert panel to share insights on global supply chain trends and strategies. In addition to insightful take-aways,…
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What Do Sears and Amazon Have in Common?

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Thanks to my client Dan Vest, I read a fascinating article about Sears and Amazon. Who knew Sears and Amazon had so much in common? Pretty startling! The Reader’s Digest version is as follows: Sears was the former Amazon about 100 years ago, growing 50-fold within a decade with its world-famous catalog and then transforming from a mailing company to a brick-and-mortar giant. They were the everything store with an uncanny feel for consumer demand. Sound familiar? So what might we learn from history and paying attention to trends? What Should We Consider and/or What Impacts Could Arise? Perhaps Sears…
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Which Business Best Practices Do Top Notch Trusted Advisors See?

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In my ProVisors ODAM (Ontario-hosted Distributors and Manufacturers group – don’t you love the play on words?) meeting this month, we discussed business best practices we’ve seen with our manufacturing and distribution clients. It was a fascinating discussion as our group is diverse and consists of the most respected attorneys, CPAs, commercial insurance, business financial advisers, and consultants from around Southern California. Yet, we agreed rather quickly on core best practices. Thanks to Ron Penland for making the meetings engaging and trend-worthy. Here are some of the top themes surrounding best practices: Start by understanding financial statements and cost –…
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Are You Reshoring?

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My APICS Inland Empire Chapter hosted a program on “Changing Trade Policies and its Effect on Reshoring” with Michele Nash-Hoff, author of “Rebuild Manufacturing – the key to American Prosperity”. And, interestingly, the Institute of Management Accountants (IMA) Orange County chose “Onshoring Profits: Manufacturing is Not Dead Yet” from a long list of topics and asked that I speak on its impact. Thus, it seems only appropriate to discuss a few common themes: U.S. firms are leaving China as conditions worsen. Actually, 25% of U.S. companies active in China have moved some operations out of the country.  38% relocated to North…
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Electric Car Investment Surges Among Big and Unexpected Names

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Dyson just announced it will build a radically different electric car by 2020. What is particularly interesting is that Dyson is not who you would expect to get into electric cars. They are spending far more (one billion £) to develop the car than they are on the rest of their traditional business lines (vacuums and air filters). Obviously, they see vast potential. Similarly, Mercedes is aggressively targeting Tesla with a $1 billion electric push. Not only that, they are doing it in the U.S. – in Alabama to be specific. Electric car investments are stimulating a billion here and a billion there… What Should We…
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Wisconsin Provides HUGE Tax Incentives to Lure Apple Manufacturer

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The state of Wisconsin granted $3 billion in tax incentives to Foxconn to entice them to manufacture in the midwestern state. This is not only the highest government subsidy ever offered for a foreign company to locate to the U.S., but it also specifically entices production that goes into the Apple iPhone. It certainly proves that blanket statements about innovation in government are just as inaccurate as all others! Wisconsin shows that thinking outside the box can be achieved even in government. Clearly, it also shows that manufacturing is relevant in today’s environment. Have you thought about whether you are…
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IBM, MIT & Artificial Intelligence

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IBM has announced it plans to spend $240 million over the next ten years to develop an artificial intelligence (AI) research lab with the Massachusetts Institute of Technology (MIT). Anytime these two powerhouses collaborate and put their money where their mouth is, we should at least pay attention and consider the significance. AI is popping up in conversations everywhere as all type of organizations and industries are seeing the significance of AI technology. I don’t even have to look very far. My mom said her Amazon Alexa was one of the best presents she has ever received. (And that’s solely…
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