How do small and medium-sized manufacturers thrive amidst the labyrinth of tariffs, sustainability challenges, and economic fluctuations? Our latest episode of New York State Manufacturing Now promises to equip you with the knowledge to navigate these complex supply chains effectively. Join host Steve Melito as we engage with Don Lynch, a Senior Program Manager at Train Develop Optimize (TDO), and Pat Penfield, a seasoned Professor of Supply Chain Practice at Syracuse University. Together, they bring decades of experience from both the trenches of manufacturing and the halls of academia, offering insights on aligning internal operations with external functions like sales and marketing to boost cost-effectiveness and revenue.
In our conversation, we unpack the critical role of a well-thought-out supplier scouting process. Don and Pat emphasize that it’s not merely about technological tools or search engines but about cultivating strong relationships and clear communication with suppliers. We delve into strategies for overcoming the universal hurdles of cost, labor, and external shocks such as COVID-19 and inflation, which loom large for smaller manufacturers lacking economies of scale. Learn from Don’s hands-on expertise and Pat’s academic insights about leveraging resources like MEP centers to gain a competitive edge in a challenging landscape. Whether you’re a supply chain novice or a seasoned expert, this episode offers a treasure trove of knowledge to fortify your manufacturing journey.
Listen to the podcast here.