Summary
More than 40% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023, with inflation, higher interest rates and weaker global trade acting as some of the stiffest economic headwinds, a new survey showed.
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In today’s volatile global economy, manufacturers face unprecedented supply chain complexity. Labor shortages, cost pressures, and unpredictable demand have become everyday challenges. Amid this turbulence, Lean Thinking continues to offer clarity, stability, and...
Since the time of Covid there has been continuous dialogue about challenges manufacturers face when trying to grow or diversify (multi-source) their supply chain. At Michigan Manufacturing Technology Center (MMTC), we spend a LOT...
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In today’s volatile global economy, manufacturers face unprecedented supply chain complexity. Labor shortages, cost pressures, and unpredictable demand have become everyday challenges. Amid this turbulence, Lean Thinking continues to offer clarity, stability, and...
Manufacturers looking to grow or diversify their supply chains must enhance their digital presence, as outdated or missing information limits visibility—MMTC recommends verifying company profiles, maintaining an updated website, using data aggregators, and regularly monitoring digital listings to ensure accuracy.
Michael Robinet, Executive Director at S&P Global, brings over 37 years of expertise in automotive market analysis, forecasting, and supplier strategy. He offers valuable insights and forecasts on a crucial industry for Michigan.
