Home > NewsRelease > Ramping Back Up
Text
Ramping Back Up
From:
Lisa Anderson M.B.A. - Manufacturing and Supply Chain Lisa Anderson M.B.A. - Manufacturing and Supply Chain
For Immediate Release:
Dateline: Claremont , CA
Saturday, August 22, 2020

 

We are seeing business just beginning to ramp up. As said in our eBook, Future-Proofing Manufacturing & Supply Chain Post COVID-19, this is not an on/off switch. We should turn the dial carefully (as quickly as possible while accounting for the end-to-end supply chain). Every situation is different.  Yet, common concepts exist and preparation is required. A few highlights include:

  • Employee readiness: There are several rules and regulations in addition to considering your employees’ mindsets and readiness.
  • Customer readiness: Clearly, without predictable sales volume (at least to an 80/20 standpoint at a high level), it is impossible to know what to produce, purchase, store, prepare cash reserves etc.
  • Supplier readiness: Of course, no matter how ready our customers and employees, if our suppliers aren’t ready (and our suppliers’ suppliers), nothing will be accomplished.
  • Financial readiness: It sounds obvious but we also need the cash to operate our end-to-end supply chain successfully.
  • Risk tolerance: We are pushing clients to assess risk to make prudent decisions.  Yet, in order to be successful, they will have to take on additional risk. A no risk policy will result in bankruptcy!
  • Resiliency: Start the process of future-proofing your manufacturing and supply chain and make a commitment to continuously improve. Without this mindset, do not turn the dial.

Your most important job in the foreseeable future (minimally 9-12 months) will be to navigate this ramp up to the new un-normal, and even more critically, the most successful clients will take the bull by the horns and create their future.

Tags: , , , , ,

About LMA Consulting Group – Lisa Anderson, MBA, CSCP, CLTD
Lisa Anderson is the founder and president of LMA Consulting Group, Inc., a consulting firm that specializes 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, 50 ERP Influencer by Washington-Frank, a top 46 most influential in Supply Chain by SAP and named a top woman influencer by Solutions Review. She recently published, I’ve Been Thinking, 101 strategies for creating bold customer promises and profits. A regular content contributor on topics including a superior customer experience with SIOP, advancing innovation and making the supply chain resilient, Ms. Anderson is regularly interviewed and quoted by publications such as Industry Week, tED magazine and the Wall Street Journal.  For information, to sign up for her Profit Through PeopleTM 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                                                 

News Media Interview Contact
Name: Lisa Anderson
Title: President
Group: LMA Consulting Group, Inc.
Dateline: Claremont, CA United States
Direct Phone: 909-630-3943
Jump To Lisa Anderson M.B.A. - Manufacturing and Supply Chain Jump To Lisa Anderson M.B.A. - Manufacturing and Supply Chain
Contact Click to Contact