Supply Chain Disruptions Are Here to Stay with Steve Elwell

Description

Steve Elwell and Joe Lynch discuss why supply chain disruptions are here to stay. Steve is he Managing Director of Haxlar, an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supply chain, and product management services for a wide range of industries.

About Steve Elwell

Steve Elwell is the Managing Director of Haxlar, a contract manufacturing company that offers custom-tailored, flexible, and highly competitive contract manufacturing solutions. Steve is also the Founder of iDev Partners, which is a business consultancy focused on turnaround, growth, and Improvement. Steve brings a strategic and practical approach to the challenges of leadership and business profitability. He is an expert in the growth and turnaround of small and medium manufacturing, logistics, and technology businesses. He led the turnaround of 6 troubled companies and started 2 new businesses. He successfully recruited and led 6 sales forces, introduced dozens of new products, and entered 10 new markets. As a retained executive search consultant, he built C-suite leadership teams for clients in a variety of industries. Steve earned a BA in Economics and Management and an MBA. He lives with his family in suburban Detroit.

About Haxlar

Haxlar is an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supply chain, and product management services for a wide range of industries. Whether turn-key component sourcing, or joint development and manufacturing, Haxler is a partner you can count on. From industrial design and prototyping, to precision engineering, low to high volume mass production, advanced global sourcing, and complex supply chain management, Haxlar’s experienced global team provides premier services using state of the art technologies, that fit the needs of your business today and in to the future.

Key Takeaways: Supply Chain Disruptions Are Here to Stay

Steve Elwell is the Managing Director of Haxlar, a contract manufacturing company that offers custom-tailored, flexible, and highly competitive contract manufacturing solutions.
In the podcast interview, Steve and Joe discuss why supply chain disruptions are here to stay.
Short-term concerns that will cause supply chain disruptions.
- Economic including a potential recession and inflation
- Covid issues like inventory imbalances, and supply & demand signals hard to predict, shutdowns, transportation issues, etc.
- Political issues including fuel costs and California driver impact from AB5.
Global order changes especially in China, Ukraine, and Russia
- China is no longer a low cost country and they are facing demographic and political issues.
- The Ukraine/Russia war is going to cause food shortages and possibly famines.
Supply chain professionals must assess the risk to their supply chains.
- Understand current situation and minimize risk.
- Solutions like nearshoring are available, but necessarily fast or easy.