September 2, 2021
I was interviewed for The Jiggy Jaguar podcast discussing Inflation – Is It Transitory or a Longer Term Challenge?
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I was interviewed for The Jiggy Jaguar podcast discussing Inflation – Is It Transitory or a Longer Term Challenge?
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Frankie Boyer interviewed me on her show recently on the topic of inflation. We find it everywhere: in the price of our streaming subscriptions, at the grocery store, the gas pump, securities asset prices, building materials, real estate values, the cost of used vehicles, and the cost of university education, just to name a few. The big question for 2021 is, will inflation be a temporary condition, or are we looking at higher prices for the longer term?
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Recently I participated in a panel discussion on Patrick Daly’s Interlinks Podcast where we discussed the rise in the cost of transport of containerised freight from Asia to Europe and North America, chip shortages in the automotive industry and commodity shortages for materials such as timber, glass, and construction materials.
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Recent years have thrown up a series of events that have caused inbound supply disruptions for developed economies dependent on international supply chains. Some of these disruptions have been bigger while others have been smaller, some have been regional and others global, but all have had significant impacts around the world.
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CLAREMONT, CA— Recent disruptions in supply chain operations have highlighted how important it is for manufacturers to plan ahead to not just manage today’s operations, but to also take advantage of big growth opportunities, according to The Society for the Advancement of Consulting® (SAC). To achieve scalability and profitability, businesses will need to effectively handle cashflow, lead times, and customer demand as well as leveraging well-integrated digital systems, innovating, and understanding customer behavior patterns like never before.
… The one thing the COVID-19 pandemic has ingrained in businesses is that market conditions and change now occur at supersonic speed,” says Art Koch, President of Arthur Koch Management Consulting, LLC, based in Miami, FL. “Now that more regions and countries are starting to exit the COVID-19 pandemic, it’s critical that organizations are responsive enough to seize the opportunities of unpredictable market demand.
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Art Koch talks about the supply chain during Covid, and whats changed.
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Resiliency has emerged as a cornerstone to emerging successfully from the pandemic and essential to post-COVID success.
As executives re-evaluate supply chain collaborations and partnerships, they will be thinking about supply chain strategy and partnerships. We have assembled expert manufacturing and supply chain thought leaders from around the globe to discuss and debate these topics.
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Four in Five Executives Now Rethinking Supply Chain Strategy
The COVID pandemic has illustrated just how extensive and overly complicated many supply chains became says Art Koch, President of Arthur Koch Management Consulting, LLC. “Depending on the survey, 76% to 84% of executives and board members are rethinking their manufacturing footprint and supply chain strategies to emphasize the importance of flexibility and responsiveness. They identified the necessity to compress lead-times by reshoring and insourcing operation-critical parts to regain control of their supply chains.”
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Presented by LMA Consulting Group
21 insights for 2021 from Manufacturing, Supply chain & Technology Executives
The pandemic of 2020 was a seismic disruption to the worlds supply chains that sent a tidal wave through industrial and retail sectors. Depending on the survey, 76% to 84% of executives said they needed to rethink their manufacturing footprint and supply chain strategy. They have indicated plans to compress lead-times be reshoring and insourcing operational-critical parts to regain their supply base …
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First up, Art Koch talking with us about how his business got Covid but luckily his employees didn’t.
I’m not telling you that any of our team members or I got COVID. My argument here is that the business got COVID.
More and more, I’m discussing the current situation with my client’s leadership and witnessing the long-term effects of having their team members working remotely.
Before the pandemic, businesses were functioning relatively well. They had daily visual management meetings where opportunities received rapid responses from highly engaged associates, and issues could be swiftly escalated when necessary …
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