Logistics Matters with DC VELOCITY Guest: Michael Needham of Efficio on restoring pharmaceutical manufacturing to the U.S.; The latest LMI measure on the health of the industry; How safety programs are lowering injuries but seeing higher costs
Our guest on this week's episode is Michael Needham, principal procurement & supply chain at Efficio Consulting. Among the flurry of executive orders issued recently by the White House is one aimed at restoring pharmaceutical manufacturing capabilities here in the U.S. Currently most drugs and ingredients are manufactured in China and India. How will such a move affect supply chains? Our guest offers his views on what can be manufactured here easily and what could be more difficult.
Measuring the health of our supply chains, the Logistics Manager’s Index came out on Tuesday, showing an expansion in logistics activity in May. Logistics expanded for the second straight month, marked by a mix of slowing inventory levels and rising costs across the board, researchers said. We look at the specific numbers and what they mean.
This week we saw a study on workplace injuries. This report came from the Travelers Companies. It found that the number of workplace injuries overall continues to decline, although the costs associated with them are climbing. We dive into some of the details of the report and how emphasizing safety can affect the workplace.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
Articles and resources mentioned in this episode:
- Officio
- May 2025 Logistics Managers' Index
- Workplace injury rate drops, but costs rise
- Visit Supply Chain Xchange
- Listen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcast
- Send feedback about this podcast to podcast@agilebme.com
Podcast is sponsored by: Storage Solutions
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