Supply chains reshaping to balance inventories

Manufacturing and supply chain expert Lisa Anderson, MBA, CSCP, CLTD, known as the Strongest Link in Your Supply Chain and president of LMA Consulting Group Inc., sees inventory tightening as supply chains grapple with demand fluctuation, supplier challenges, stagflation, and volatility in the economy. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.

Learn more from Lisa Anderson when you attend “An update on supply chain challenges, opportunities” webinar taking place Wed., Dec. 7, 2022 at 12PM ET.

Thank you to our 2022 webinar series sponsors: Iscar & Renishaw. Our webinar sponsors include: Reid Supply - check out the company's digital catalog rack and Sandvik Coromant.

“The supply chain has been front and center since the beginning of the pandemic when toilet paper highlighted the importance of a reliable supply chain. Volatility in supply chains has caused chaos in every industry. Now, the emphasis is on inventory. Building inventory was important when supply chains were trying to regain a semblance of order. Yet, in haste to build inventory, sometimes the wrong inventory was increased, the right inventory was in the wrong place, profitability was sacrificed, or all the above. Whatever the situation, inventory is now a key focus,” Anderson says.