LeanDNA Earns Spot on 2022 Inc. 5000 Annual List

News Release

LeanDNA Earns a Spot on 2022 Inc. 5000 Annual Lists
With three-year revenue growth of 178 percent, LeanDNA is among America’s fastest-growing private companies

Texas – August 16, 2022  Today Inc. revealed that LeanDNA listed on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

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Simple Steps to Strengthen Supply Chain Manufacturing Partnerships

Suppliers are one of the most important relationships to maintain in manufacturing. A supply chain can become highly streamlined or remain stagnant based on relationships with your vendors. With less-than-perfect supplier communication, incorrect parts are shipped, with delays resulting in shortages for your business, and missed targets. 

Eliminate temporary solutions such as expediting materials, minimize the impacts of shortages, and avoid overstock which all can be quite costly and frustrating for organizations. Here are 3 steps for improving communication with your suppliers to strengthen your relationship with enhanced end-to-end collaboration.

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3 Ways Leading Manufacturers Are Using Technology to Improve Supply Chain Strategies

How Supply Chain Management (SCM) Been Impacted by the Shortage Economy

There has been no escaping supply chain disruptions. Manufacturers across the globe experienced a new set of challenges due labor and supply shortages.

Andrew Shoppa, a supply chain management expert, stated–that before the COVID pandemic, HNI Corporation was consistently operating around a 99% complete on-time rate for shipments from suppliers. During the organization’s lowest point in the shortage economy, they were operating at a rate of 78%, which greatly affected their ability to perform for their customers. 

However, HNI was not alone, other manufacturing leaders have experienced supply chain delays which have negatively impacted their on-time customer deliveries.

Gordon Van Champ, a seasoned supply chain leader from Chamberlain Group, found that many of their sourcing issues could be traced back to overwhelmed ports. Chamberlain had not diversified their sourcing, which put additional pressure on individual suppliers who were already overflowing with orders.

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Jim Kanir Named Chief Revenue Officer to Drive Growth for LeanDNA

News Release

Jim Kanir Named Chief Revenue Officer to Drive Growth for LeanDNA
LeanDNA is a leader in synchronizing priorities and execution across supply chain

AUSTIN, Texas – July 20, 2022 – PR Newswire  LeanDNA, a leading cloud solution for supply chain execution, today announced the appointment of Jim Kanir as Chief Revenue Officer (CRO). Kanir’s decades of experience leading sales teams and revenue strategies for enterprise software companies will support the company’s mission to unlock sustainable and resilient supply chain practices that improve manufacturing output and productivity.  Kanir will drive the go-to-market strategy, reporting to CEO Richard Lebovitz.

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How to identify bottlenecks in manufacturing: Temporary vs Sustainable Strategies

The Shortage Economy Impacts

Dealing with employment and resource shortages presents several challenges. With the current market dynamics, manufacturers have been forced to adopt processes that deal with the symptoms of shortages instead of addressing the root problem.

While there are approaches manufacturers can take to be adaptable in the face of whatever supply chain challenges will come, the reality is that many of the easy, instinctive solutions are short-sighted stop gaps. Here are a few ways manufacturers are dealing with shortage disruptions today and how they are creating sustainable strategies to build supply chain resilience.

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The Future of the Manufacturing Supply Chain Workflow Reinvented

Manufacturing Supply Chain Workforce Challenges

Deloitte and the Manufacturing Institute (MI) reported that the U.S. manufacturing industry was looking to fill half a million job openings in 2021, with expectations for that number to continue to increase. It is estimated that over 2 million of those jobs are likely to remain unfilled until at least 2030 which the study warns could damage the U.S economy by up to $1 trillion.

One top of that, LinkedIn reported a 28% turnover rate increase for manufacturing supply chain positions. With open positions that are hard to fill and existing staff feeling the burden of cognitive overload, managers are struggling to meet their goals with their existing workforce.

The global competition for supply chain talent rages on for both hourly and salaried roles alongside a once-in-a-lifetime shift in where, when, how, and why supply chain professionals work. Manufacturing companies will have to work harder to make jobs more exciting and rewarding for their employees, and to do even more to generate enthusiasm around their company’s vision and future to compete with the war on talent.  

Supply chain leaders must inspire a unique mix of frontline, hybrid, and remote workers. Discover how streaming the data manufacturing process using a human-centric work design can influence employment value propositions that retain and engage current employees, and attract and retain new ones.

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Building Supply Chain Resilience: How Manufacturing Leaders are Pivoting Their Strategies in the Shortage Economy

Webinar Recap 

Recently, LeanDNA had the opportunity to host a discussion involving experienced manufacturing leaders from Chamberlain Group, HNI Corporation, and PSG Dover. 

The three main learning objectives covered in the Building Supply Chain Resilience Webinar included: 

  1. Shortages and issues discrete manufacturers face
  2. The role technology plays in addressing these challenges
  3. How to utilize modernized planning and optimization tools for actionable insights

This blog serves as a resource to summarize the key takeaways from the conversation, you can also download the full webinar video for additional details on the topics discussed. 

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Gartner 2022 Supply Chain Symposium: Key Insights & Takeaways

Gartner Supply Chain Symposium Recap

The severity of the various supply chain disruptions have contributed a new set of challenges for manufacturers across industries. The impacts of these supply chain predicaments have forced organizations to pivot and adapt to ongoing, unpredictable changes. For leadership to expand their visibility and enhance team collaboration, they must re-calibrate their supply chain.

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5 Ways Digital Transformation Will Shake Up Inventory Management Solutions in 2021

We always knew digital transformation in inventory management solutions would continue to grow in the manufacturing space, but the unpredicted challenges amid COVID-19 catalyzed that need. In 2021, manufacturers are tasked with ramping production back to the place it was in 2019—a level that took decades for some to establish. These companies are turning to technology to quickly re-establish and sustain best practices critical in today’s complex supply chain. Cloud-based software, AI-driven technology, and smart, standardized work have gone from a nice-to-have to a company-wide mandate.

As manufacturers ramp back up and make their operations “disruption-proof,” here’s how I predict manufacturing will transform in 2021. 

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